Grassley Reintroduces AICOA to Curb Amazon Fees Near 50% of Seller Revenue

3 articles · Updated · Fox News · Jun 13

Chuck Grassley this week reintroduced the bipartisan American Innovation and Choice Online Act, reviving a Senate push to bar dominant online platforms from favoring their own products and punishing rivals.
Amazon now takes about 45% to 50% of many sellers' revenue, the report says, up from roughly 19% when its marketplace began, with fees and pricing restrictions that sellers pass on to consumers.
The proposal is framed as an anti-inflation measure because sellers that offer lower prices elsewhere can be buried in Amazon search results, pushing prices higher across the internet.
Grassley also tied AICOA to two other Judiciary Committee bills: the Open App Markets Act targeting Apple and Google fees of up to 30%, and the AMERICA Act aimed at Google's ad-tech conflicts.
AICOA previously cleared the Senate Judiciary Committee on a bipartisan vote and has backing from more than 100 groups, setting up another fight with Big Tech lobbyists.