Misguided #antitrust bills like #AICOA hinder #innovation and present significant harms to consumers.

https://www.project-disco.org/competition/bills-banning-injury-to-rivals-would-block-procompetitive-behavior/

Re-introduced #tech-targeted #antitrust bills like #AICOA & #JCPA lack strong factual basis & sound #economics - issues raised by bipartisan lawmakers as well as experts from @mercatus years ago.

https://www.mercatus.org/research/policy-briefs/policy-spotlight-antitrust-policy-and-consumer-welfare-standard

This week, lawmakers reintroduced dangerous bills #JCPA and #AICOA, which failed last Congress due to serious concerns with national security, competition with China, and harms to the U.S. economy that sponsors have yet to address. CCIA urges lawmakers to reject both bills.

#AICOA presents serious economic, competition, & national security risks. CCIA is disappointed to see this flawed legislation reintroduced despite losing 5 co-sponsors, and failing to address bipartisan concerns.

Despite failure last Congress and the loss of 5 co-sponsors, #AICOA was reintroduced without addressing serious competition, national security, and economic concerns with the legislation.

Competition & #antitrust bills like #AICOA that use EU-style “injury-to-rivals” tests to intervene protect competitors from competition and hinder the #innovation that has brought consumers lower prices & better #digital products.

https://www.project-disco.org/competition/bills-banning-injury-to-rivals-would-block-procompetitive-behavior/

Experts from @mercatus pointed out the lack of strong factual basis & sound #economics behind #tech-targeted #antitrust regulation years ago- a critique that remains relevant for bills like #AICOA & #JCPA this session.

https://www.mercatus.org/research/policy-briefs/policy-spotlight-antitrust-policy-and-consumer-welfare-standard

As @abaantitrust’s #ATspring meeting draws to a close, CCIA’s @econwags explains how misguided #antitrust bills like #AICOA “would detract from consumer welfare by punishing businesses for innovation and intense price competition.” #ABAantitrust

https://www.project-disco.org/competition/bills-banning-injury-to-rivals-would-block-procompetitive-behavior/

As the @ABAesq kicks off its annual #antitrust week, CCIA reminds policymakers of the reasons why flawed #competition proposals like #AICOA failed last session.

https://www.project-disco.org/competition/010623-aicoas-failure-and-the-future-of-competition-policy-in-congress/

Anti-tech bills like #AICOA put foreign tech companies at an advantage by weakening leading U.S. #tech companies with targeted regulation.

Read more from CCIA President @MSchruers:
https://www.project-disco.org/competition/should-the-u-s-import-its-tech-industrial-policy/

As the @JudiciaryDems #antitrust hearing gets underway, Senators must remember that #Competition bills like #AICOA that target objectives other than maximizing #ConsumerWelfare are likely to impose significant costs throughout the economy with few benefits to offset those costs. https://www.project-disco.org/competition/abandoning-the-consumer-welfare-standard-to-target-tech-would-harm-users/

Anti-tech legislation like #AICOA presents serious harms for #innovation & consumers, who benefit from a competitive #digital ecosystem and innovative integrated products.

Learn more: https://www.project-disco.org/competition/052422-hal-varian-on-the-flawed-reasoning-behind-proposals-to-regulate-tech/

Anti-tech legislation like #AICOA fell flat last legislative session because sponsors failed to address serious #privacy, #security, and #ContentModeration concerns from experts and fellow lawmakers.

Learn more:
https://www.project-disco.org/competition/010623-aicoas-failure-and-the-future-of-competition-policy-in-congress/

Anti-tech legislation like #AICOA failed last Congress because it failed to address serious concerns from lawmakers, experts, & key stakeholders. Read CCIA’s statement ahead of the @JudiciaryDems subcomm. hearing on digital #competition Tuesday:

https://ccianet.org/news/2023/03/ccia-submits-testimony-letter-on-flawed-anti-tech-legislation/

Anti-tech bills of the past Congress such as #AICOA weaken U.S. competitivenes globally
https://www.project-disco.org/competition/010623-aicoas-failure-and-the-future-of-competition-policy-in-congress/

As the Chinese tech industry advances in key areas, Congress must remember that anti-tech bills like #AICOA weaken U.S. competitiveness with China by discriminating against U.S. firms & excluding foreign actors from targeted regulation.

https://www.wsj.com/articles/china-trumps-u-s-in-key-technology-research-report-says-adbb56bc

A Senate Judiciary Committee hearing on Tuesday, 3/7 is expected to be followed by the reintroduction of harmful anti-tech bills like #AICOA. How are AICOA & bills like it harmful to consumers & the economy? Here’s what experts think:

https://www.project-disco.org/competition/053122-antitrust-experts-critique-antitrust-bills-promoting-other-interests/

A new Spanish language blog post by CCIA VP of Global Competition and Regulatory Policy Krisztian Katona & CCIA Competition Manager Mariana Camacho explains why #AICOA failed:

https://centrocompetencia.com/aicoa-razones-del-fracaso-de-la-legislacion-anti-tech-en-ee-uu

CCIA’s new blog post, published in Spanish by the Chilean Competition Center @CeCo_UAI, details the reasons behind #AICOA's failure:
https://centrocompetencia.com/aicoa-razones-del-fracaso-de-la-legislacion-anti-tech-en-ee-uu/

Biden's #SOTU tech priorities focused on #antitrust and #privacy legislation. Here he calls for the passage of legislation to crack down on self-preferencing, like #AICOA. More context here: https://time.com/6253755/biden-big-tech-state-of-the-union-2023/