The American Innovation and Choice Online Act would prohibit major online platforms from engaging in discriminatory practices that harm competition. The bill targets large tech companies that meet specific thresholds—such as having at least 50 million U.S. monthly active users or $550 billion in annual revenue—and would ban practices like preferencing a platform's own products over competitors, restricting competitors' access to key features, using non-public data to compete unfairly, or retaliating against users who report violations. The Federal Trade Commission and Department of Justice would enforce the law with authority to seek civil penalties up to 10 percent of a company's U.S. revenue, injunctions, and in cases of repeated violations, require executives to forfeit compensation. The bill includes exceptions for conduct necessary to protect user privacy, platform security, national security, or comply with law, and would take effect one year after enactment, giving platforms time to adjust their practices.
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