The misconstrued hostility toward big tech has spurred action in Washington and numerous proposals that would fundamentally alter how these companies operate. Current proposals, notably the Platform Choice and Opportunity Act(PCOA) and American Innovation and Choice Online Act (AICOA), exclusively target Amazon, Meta, Twitter, Microsoft and Apple by designating them as covered platforms and imposing significant restrictions on how they operate. Unfortunately, such targeted actions create an uneven regulatory environment and could also destroy the substantial welfare these companies provide consumers.
This article was published and is available in its entirety in Inside Sources.