Amazon statement on American Innovation and Choice Online Act

"There’s a reason why small businesses who sell on Amazon are asking Congress to take a look at the “collateral damage” that will fall on them and their customers, should the American Innovation and Choice Online Act become law. This bill is being rushed through the legislative process without any acknowledgment by its authors of its unintended consequences. As drafted, the bill’s vague prohibitions and unreasonable financial penalties—up to 15% of U.S. revenue, not income—would jeopardize our ability to allow small businesses to sell on Amazon. The bill would also make it difficult for us to guarantee one or two-day shipping for those small businesses' products—key benefits of Amazon Prime for sellers and customers alike. The bill’s authors are targeting common retail practices and, troublingly, appear to single out Amazon while giving preferential treatment to other large retailers that engage in the same practices. We urge the Senate Judiciary Committee to reject Senator Klobuchar and Senator Grassley’s bill and refuse to rush through an ambiguously worded bill with significant unintended consequences."