Elected officials in Washington certainly have their hands full with existential crises. Inflation has surged to record high levels, increasing the costs of basic necessities. Beyond that, global geopolitical unrest has led to the threat of broad cyber-attacks being more real than it has in years. Yet, far too many policymakers instead seem preoccupied with taking up legislation that would not only fail to address both of these issues, but threatens to exacerbate them.
The American Innovation and Choice Online Act (AICO) would both hinder security on digital devices and require American consumers to open their wallets. The bill would subject American tech companies to antitrust action if they were found to be preferencing their own products and services. It also creates punishments if smart phone providers“unfairly” bar content creators from their digital app marketplaces.
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