ICYMI: More Than 35 Tech Companies Come Out in Support of Klobuchar, Grassley Legislation to Stop Big Tech Self-Preferencing

Press Release

More than 35 small and medium tech companies including Yelp, Sonos, Patreon, Y Combinator, and DuckDuckGo sent a letter to the Senate Judiciary Committee urging it to advance legislation led by Senators Amy Klobuchar (D-MN) and Chuck Grassley (R-IA) to stop major digital platforms from unfairly preferencing their own products or services.

"Findings from the United States and governments around the world reveal the many anticompetitive self-preferencing tactics dominant technology companies use to attain and entrench their gatekeeper status in the market to the detriment of competition, consumers, and innovation," the companies wrote.

They continued: "The American Innovation and Choice Online Act, co-sponsored by Senators Klobuchar and Grassley, targets self-preferencing to help restore competition in the digital marketplace and remove barriers for consumers to choose the services they want."

POLITICO reported that many of the signers, including the startup incubator Y Combinator, are "new to the antitrust fight," signaling growing momentum for the American Innovation and Choice Online Act. Introduced by Klobuchar and Grassley in October, this legislation will restore competition online by establishing common sense rules of the road for dominant digital platforms to prevent them from abusing their market power to harm competition, online businesses, and consumers.

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