American Innovation and Choice Online Act

The American Innovation and Choice Online Act targets large online platforms that dominate the U.S. market by prohibiting them from unfairly favoring their own products, restricting competitors' access to platform features, or using competitor data to compete against them. Specifically, the bill defines "systemically important platforms" as those with over $175 billion in annual revenue and at least 34 percent of U.S. users or households, placing them under strict rules against practices like tying services, manipulating search rankings, or forcing users to stay on the platform. The Federal Trade Commission and the Department of Justice are authorized to enforce these rules through civil penalties and injunctions, with a requirement that legal cases against these major platforms be resolved within one year. Additionally, the law includes specific exemptions to protect national security interests and intellectual property rights, ensuring that platforms are not required to share trade secrets or assist foreign adversaries.