• slumlordthanatos@lemmy.world
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    7 months ago

    There’s compelling arguments either way. On one hand, this is a pretty naked attempt to hit at China and control the flow of the US government’s desired information.

    On the other hand, the legislation isn’t technically a ban, but a forced divestment of a corporate asset. The power of the government to force the breakup, dissolution, or divestment of corporate entities is the basis of US antitrust law, and is well established.

    It’s an interesting case.

    • riodoro1@lemmy.world
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      7 months ago

      The power of the government to force the breakup, dissolution, or divestment of corporate entities is the basis of US antitrust law, and is well established.

      Unless of course the monopoly holder is an american corporation. Then it’s a good monopoly. We’re living in the next gilded age simply because people “forgot” monopolies are bad and those laws remain unused against giants like google, amazon, meta and many many more.

      • HelixDab2@lemm.ee
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        7 months ago

        Are you forgetting that there are currently antitrust lawsuits going against both Amazon and Google? The current administration is absolutely in favor of breaking up monopolies, regardless of where the company is.

        • riodoro1@lemmy.world
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          7 months ago

          the current administration will go and somehow big corpos will prevail. The politicians only do what the rich allow them to do. The US even has legal corruption.

          • HelixDab2@lemm.ee
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            7 months ago

            If the current administration loses in November, then yeah, it’s pretty likely that Apple, Google, and Amazon will continue to amass more power.

            Sounds like a pretty solid reason to vote for retaining the current administration, yeah? Some check on power v. no check on power?

  • Duamerthrax@lemmy.world
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    7 months ago

    Surely Tiktok will also be suing the Chinese government to be unbanned there as well, right guys?

    • Fedizen@lemmy.world
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      7 months ago

      Its just a ploy to avoid any sort of reasonable privacy regulation. Tiktok doesn’t do anything that facebook, reddit, instagram, tumbler, twitter etc don’t do.

  • CaptainSpaceman@lemmy.world
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    7 months ago

    If the CCCP refuses to divest, then thats their choice. The ban only goes into effect if they refuse.

    The company hasnt sued the CCCP in China to make it sell its stake, I assume.