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Passing Big Tech bill to block self-preferencing akin to lighting match next to gas leak, several groups tell US lawmakers

( July 11, 2022, 16:50 GMT | Official Statement) -- MLex Summary: The Competitiveness Coalition along with 17 groups wrote to Senate Majority Leader Charles Schumer, Speaker of the House Nancy Pelosi and other senior lawmakers urging them to reject the American Innovation and Choice Online Act, a bill that would block Big Tech companies from self-preferencing their products on their platforms. "Passing this measure as our economy teeters on the brink of a recession and while China continues to nip at our heels, is akin to lighting a match next to a gas leak," the letter said. The legislation "throws cold water" on future entrepreneurs and threatens the free and low-cost online services that consumers and job creators regularly use. The letter cited Google Docs, Amazon Prime, and iPhones.Statement and document follow below:...

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