If imitation really is the sincerest form of flattery, then last week’s reintroduction of the American Innovation and Online Choice Act (“AIOCA”) would make it seem that the European economy is the envy of the United States!
Just last week, Senators Charles Grassley (R-IA) and Amy Klobuchar (D-MN) reintroduced the AIOCA. It was first offered up in 2021 but did not pass either house of Congress. The proposal seeks to apply more severe restraints on the activity of on-line platforms than current antitrust law provides.
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