ICYMI: “The unintended consequences of antitrust legislation”
Washington, D.C. (06/13/2022) – A recent opinion piece in The Hill by former FTC Commissioner Maureen Ohlhausen explains how bills like the American Innovation and Choice Online Act (S.2992) could create risks to Americans’ online data and user privacy, all while failing to create a competitive marketplace.
The bills prioritize the “right” of business users to access the user data and systems of large U.S. tech platforms over an individual user’s privacy rights and these companies’ ability to police against hacks and other abuses of their systems and devices…
…These bills make consumers’ privacy and security interests subservient to the interests of an almost unlimited set of business users, who may include entities owned or controlled by foreign governments. But this position runs counter to what U.S. consumers want…
…Worse yet, it is far from clear that these provisions, which threaten to undermine platform and device security and user privacy, will lead to a more competitive marketplace… In fact, the bills are likely to diminish the incentive and ability to compete on security and privacy, something that we have seen drive significant innovation in recent years.
To read the full article, click here.
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