Can you give an example of how the most eligible buyers might collude in a way that benefits them all equally, so that this would happen?
For me, it's very hard to conceive of any concrete way that would work. It's a brand, some partnerships, and a network of users that would all go to whatever buyer, and would give that buyer a huge benefit over their existing domestic competitors. So under what circumstances would those domestic competitors allow that instead of aggresively trying to secure it for themselves?
I'm open to believing you, I just don't see what you have in mind.
Campaign with the president, offer large amounts of money to the presidents campaign, donate huge sums to a small inauguration party, and then just be picked to get it at a deep discount. The entire point of bribes is that corruption let's you get away with things at a lesser cost. You just screw over everyone else except for the bribe receiver.
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.
> Political capital is needed because the tiktok question is politicized heavily (national security as a reason)
This is entirely meaningless. You don’t need political capital to maintain the status quo.
> Do you have a counter example?
To your hypothetical? My example is the law. FACA is tightly defined. Bytedance needs to divest to a non-FAC to return to the status quo. Trump could do something else to fuck with them. But that’s true of anyone anywhere.
except when the government decides to intervene and reject the transaction. See, this seems like routine, but ultimately it gives the government an option to cancel transaction they dont like and they can always cite some bogus reason like "national security" and use racist pretext like ethnicity of the CEO or whatever
For me, it's very hard to conceive of any concrete way that would work. It's a brand, some partnerships, and a network of users that would all go to whatever buyer, and would give that buyer a huge benefit over their existing domestic competitors. So under what circumstances would those domestic competitors allow that instead of aggresively trying to secure it for themselves?
I'm open to believing you, I just don't see what you have in mind.