[This piece has been published in Restoring America to highlight how a new bill supposedly meant to increase innovation and competition might actually hurt consumers, businesses, and the economy as a whole.]
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.
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