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Microsoft should refuse Trump's TikTok payoff, as it would set a dangerous precedent for the seizure of foreign businesses through regulatory fiat

Paying the U.S. government a cut of TikTok's sale price would be a dangerous precedent that could blow up in corporate America's face

Wall Street Journal

Discussion

  • @laurawalkerkc Laura Walker on x
    Trump advocating the government can butt into private deals and take a cut. Looking forward to Mark Levin celebrating this bigly good brain idea: https://twitter.com/...
  • @spencerjakab Spencer Jakab on x
    Microsoft should walk away if it has to pay the fee Trump proposes for TikTok - for the sake of all U.S. multinationals. With @djtgallagher https://www.wsj.com/...
  • @iansherr Ian Sherr on x
    An interesting argument here. If @satyanadella listened though, the inevitable result of no sale would of course would be that the issue would be kicked to the courts or Apple/Google and possibly ISPs as well. Not saying that makes the problem any easier though https://twitter.co…
  • @carlquintanilla Carl Quintanilla on x
    WSJ: If POTUS's idea of 'TikTok ‘key money’ “is serious and “deemed legal, it would set a dangerous precedent for the seizure of foreign businesses through regulatory fiat, and open the door for U.S. firms to suffer the same treatment” (via @Spencerjakab) https://www.wsj.com/...
  • @jamesvgrimaldi @jamesvgrimaldi on x
    Dangerous precedent: Paying the U.S. government a cut of TikTok's sale price could blow up in corporate America's face. This could be a precedent for the seizure of foreign businesses https://www.wsj.com/...
  • @wsj @wsj on x
    Heard on the Street: If the price of Microsoft's TikTok deal includes an unseemly payout to the U.S. Treasury, corporate America has far more to lose than to gain by participating https://www.wsj.com/...