If no legislation passes this summer, experts expect that the push to regulate tech companies could be pushed off again, potentially for years. There's a high-profile anti-monopoly bill that may come to a vote soon:
After three years of saber-rattling about passing major tech legislation for the first time since the dawn of the internet, Democrats in Congress appear likely to only have one shot at actually passing a law, and critics doubt the effort will succeed.
Developers are resigned to inaction because tech’s biggest names wield more power than ever in the COVID era, and legislators fundamentally don’t understand complex, sophisticated digital ecosystems. Lawmakers and consumer rights advocates are flustered by political gridlock in Washington that prevents shaping substantive law. And companies dependent on the vast digital ecosystems are jittery that punitive action against the keepers of walled gardens will unwittingly damage them.
In one recent poll, 76% of voters in Arizona, Georgia, Nevada and New Hampshire said they support the American Innovation and Choice Online Act. But in a sign of these troubling times, they also consider inflation and job loss far more important — nearly seven in 10 Americans across political spectrums believe inflation is the most important issue, and only 3% consider tech regulation a top priority, according to new research from the Consumer Technology Association .
In-depth: What is a platform, and what should one do? The answer could determine the future of Apple and the rest of Big Tech
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