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JumpCrisscross • 01/17/2025 • 1 reply • view on HN

> only very few rich people can mobilize financial and political capital to pull off tiktok purchase

Why do you assume only a natural person can buy TikTok? Why do you assume you need political capital?

The law doesn’t provide that much executive deference in enforcement.


Replies

slt2021 • 01/17/2025

Elon musk is an example of acquisition of global social network. Political capital is needed because the tiktok question is politicized heavily (national security as a reason).

Plus FTC will review the acquisition process as well.

Do you have a counter example?

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