The Senate gets one precious step closer to approving Big Tech antitrust bill
Posted On August 5, 2022
Facing pressure from progressives and tech hawks on both sides of the aisle, Senate Majority Leader Chuck Schumer plans to hold a vote on the bipartisan antitrust bill targeting tech giants as early as this fall, according to a new report from the New York Post on Thursday.
The bill — the American Innovation and Choice Online Act (AICO) — would restrict dominant tech platforms, like Amazon, Apple, Google, and Facebook’s parent company Meta, from favoring their own products and services on their platforms over those of their competitors.
Earlier this year, Schumer vowed to hold a vote on the legislation this summer so long as there were 60 senators who would approve it. But as Congress’ August recess approached, at least a dozen…