American Innovation and Choice Online Act

This bill would bar the largest online platforms from favoring their own products over those of other businesses that use the platform in ways that harm competition. It covers platforms owned by companies with at least $175 billion in average yearly revenue that reach at least 34 percent of the U.S. population over 12 or of U.S. households. Banned practices include ranking the platform's own products higher without neutral standards, using sellers' nonpublic data to compete with them, blocking users from changing default settings, and retaliating against those who report possible violations to law enforcement. The Federal Trade Commission, the Attorney General, and state attorneys general could sue, and courts could impose penalties of 1 to 10 percent of a company's U.S. revenue during the violation. The law would take effect one year after enactment.

Full text and official record on Congress.gov

Sponsors

• Chuck Grassley Republican sponsor
• 5 cosponsors