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US Big Tech bill copies Europe's playbook, will hurt leadership in AI, tech group says

( June 12, 2026, 17:00 GMT | Official Statement) -- MLex Summary: The newly reintroduced American Innovation and Choice Online Act invites challenges to routine product design and business decisions because they may disadvantage a competitor rather than focusing on consumer welfare, the Consumer Technology Association said. Decisions about how products work, which features are integrated, how services are secured and how platforms deliver value to consumers would increasingly be made by regulators and trial lawyers rather than marketplace competition. The result will be less innovation, higher costs, and weaker products and services, the CTA said in a statement. The bill also moves the US toward the same regulatory approach that left Europe trailing the world in technology innovation and investment. "Copying Europe's playbook is the last thing Congress should do amid a race between the U.S. and China for leadership in artificial intelligence and other technologies of the future," it said.Full statement follows:...

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