SMALL BUSINESS GROUP BACKS ANTITRUST BILL

The National Federation of Independent Business (NFIB) sent Sens. Amy Klobuchar (D-Minn.) and Chuck Grassley (R-Iowa) a letter Tuesday backing the senators’ bipartisan antitrust bill aimed at tackling the market power of tech giants.

 

NFIB vice president of federal government relations Kevin Kuhlman called the bill, the American Innovation and Choice Online Act, a “commonsense proposal that seeks to remedy conflicts of interest, foster increased choice in online services, and ensure a level playing field for small businesses and users of platforms covered by the legislation,” according to a copy of the letter shared with The Hill.

 

The proposal would limit tech giants from preferencing their own products and services over rivals.

 

The legislation advanced out of the Senate Judiciary Committee with bipartisan support earlier this year, but has not been called for a floor vote — despite pressure from Klobuchar and Grassley.