Senate Attack On Big Tech Will Harm U.S. Economic And National Security (From The National Interest)
One of the biggest threats to U.S. national security and economic well-being is coming not from antagonistic nations such as Russia, China, or Iran. Instead, the source of this danger is the U.S. Senate, specifically the Senate Judiciary Committee. The committee recently voted on a bill, the American Innovation and Choice Act (AICA), that threatens not only to weaken this country’s advanced technology sector but also adversely impact America’s supply chains in a time of crisis. If passed into law, AICA will give both state and non-state actors new opportunities to do considerable damage to U.S. national security. It will also fundamentally change the regulatory standard for pursuing antitrust actions and sends a chilling message to firms seeking to compete for a leading place in the online economy. The bill is irrevocably flawed, and the full Senate must reject it. I have written more on this subject here.
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