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{"id":7715,"date":"2022-06-11T14:45:18","date_gmt":"2022-06-11T14:45:18","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/06\/11\/tech-antitrust-is-facing-its-biggest-challenge-yet-in-the-senate\/"},"modified":"2022-06-11T14:45:19","modified_gmt":"2022-06-11T14:45:19","slug":"tech-antitrust-is-facing-its-biggest-challenge-yet-in-the-senate","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/06\/11\/tech-antitrust-is-facing-its-biggest-challenge-yet-in-the-senate\/","title":{"rendered":"Tech antitrust is facing its biggest challenge yet in the Senate"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/6\/10\/23162438\/american-innovation-choice-online-act-aico-klobuchar-grassley-senate<\/a>
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After six months of slow progress, the Senate is closer than ever to instituting new tech antitrust rules \u2014 and the industry is fighting harder than ever to bring it down. <\/p>\n

Sponsored by a bipartisan group including Sen. Amy Klobuchar (D-MN) and Sen. Chuck Grassley (R-IA), the American Innovation and Choice Online Act (AICO) was approved by the Senate Judiciary Committee in January<\/a> and is poised for a full Senate vote in the coming weeks. But the bill is facing intense pushback from tech industry groups and shaping up as a major test of tech companies\u2019 political muscle in Congress.<\/p>\n

In a joint press conference on Wednesday<\/a>, the bill\u2019s cosponsors emphasized the bill\u2019s bipartisan support among senators. \u201cAt its core, this is about lowering costs for consumers and helping competitive business,\u201d Sen. Klobuchar told reporters. \u201cAnd despite all the money being spent against us, we have momentum because the bill is pro-competition and it\u2019s common sense.\u201d<\/p>\n

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