Who Benefits from the American Innovation and Choice Online Act?
Supporters of the American Innovation and Choice Online Act (AICOA) recently announced that they intend to hold a Senate vote to pass the legislation. The bill would require companies that have reached particular sizes, such as 50 million users who like a company’s service so much that they actively use it every month, to stop doing some of the things those 50 million people enjoy.
The underlying theory appears to be that handicapping these successful services will drive customers to lesser products. Supporters ironically call this “competition.” Others might call this “crony capitalism.”
Read Dr. Jamison’s complete blog post at AEI.