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Woke Federal Trade Commission (FTC) to 'Investigate' and Possibly Freeze Elon Musk Purchase of Twitter on Anti-Trust Grounds
Red State ^ | 05/06/2022 | Bonchie

Posted on 05/06/2022 8:42:15 PM PDT by SeekAndFind

Is there any corner of our government bureaucracy that isn’t overrun with woke, partisan operatives seeking to enact their political agendas? I think we all know the answer to that, and the latest example comes via the FTC moving to “investigate” Elon Musk’s purchase of Twitter on…anti-trust grounds?

This comes after Democrats and their media allies have spent the last few weeks absolutely losing their minds over the fact that conservatives might have a single platform that doesn’t bias their policies against them.

Fox Business provides some of the details.

The Federal Trade Commission (FTC) is reviewing Tesla CEO Elon Musk’s $44 billion deal with Twitter, setting up a deadline for a possible antitrust review, according to a Thursday report.

A person familiar with the matter told Bloomberg the agency will decide next month whether to do an in-depth antitrust probe of the Twitter deal – a move that could delay its closing by months.

Here, let me help the FTC out. Musk does not own another social media company and his current companies have no relation to the sector. Therefore, Musk is not violating anti-trust laws by purchasing Twitter. There, I just saved the government a sizable amount of time and money.

But notice the timetable here. If the FTC goes ahead with a full review, it will delay the purchase for months. Guess what is months away right now? That would be November’s mid-term election. Further, we already know the Chairwoman of the FTC, Lina Khan, has ties to a left-wing group that is actively lobbying for her organization to block the sale.

Would anyone doubt that Khan, who has made it her mission to “rein in big tech,” would use the levers of power she holds to gum up Musk’s acquisition just long enough for conservatives to remain censored going into the election? I know I wouldn’t.

As Fox Business notes in their write-up, this entire thing is theater, with Musk almost certainly not being found in violation of any laws (again, for obvious reasons). Of note is that the FTC also targeted him when he bought his initial nine percent stake in Twitter before outright buying it. The SEC has also had it out for Musk, going after him over tweets he made in 2018.

In the end, I do not expect these games to work in preventing Musk from completing the deal. Clearly, he’s not violating anti-trust provisions. Yet, it’s also clear the left-wing apparatchiks within the federal government are going to do whatever they can to knee-cap the billionaire. I doubt he rolls over quietly, though.



TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: antitrust; elonmusk; fartyshadesofgreen; ftc; ireland; musk; truthsocial; twitter

1 posted on 05/06/2022 8:42:16 PM PDT by SeekAndFind
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To: SeekAndFind

Which begs the question: Since Musk did not own a social media platform before buying his stake in Twitter, does that mean it was already in violation of antitrust laws?


2 posted on 05/06/2022 8:50:22 PM PDT by Widget Jr
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To: SeekAndFind

If they do this, then Musk will go Galt


3 posted on 05/06/2022 8:57:34 PM PDT by struggle
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To: SeekAndFind

“...and Possibly Freeze Elon Musk Purchase of Twitter on Anti-Trust Grounds”

I REALLY have begun to HATE a lotta the media “on our side”; this click-bait sensationalism is just — like, did we NOT leave this sort of crapola game behind on the Middle School campus wAAAY back when?

Honestly.

I’ve heard on more than one occasion that some eye-popping swath of the populace never graduate High School mentally.

At this point, I believe it.

BUT, to be on topic with this post: NO THE FTC IS NOT gonna “investigate” Musks’s buyout, and NO THE FTC IS NOT gonna kill the deal on specious “anti-trust” grounds.

The ENTIRE claim is nothing more than a lfetist wet dream.


4 posted on 05/06/2022 9:08:02 PM PDT by HKMk23 (https://youtu.be/LTseTg48568)
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To: SeekAndFind

So, it’s ok for someone else to own it, just not him? Riiiiight


5 posted on 05/06/2022 9:19:40 PM PDT by Flaming Conservative ((Pray without ceasing))
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To: SeekAndFind

FTC. Friggin’ Treasonous Communists?


6 posted on 05/06/2022 9:29:01 PM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: SeekAndFind

Does Musk own other social networks?


7 posted on 05/06/2022 9:35:00 PM PDT by nickcarraway
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To: SeekAndFind

Somehow, I knew the regime would try to stop it.


8 posted on 05/06/2022 9:45:28 PM PDT by TBP (Decent people cannot fathom the amoral cruelty of the Biden regime.)
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To: SeekAndFind

America is at war!

The woke are full blown ugly communists/Marxists. They are hated by most the American population.

When CWII starts, it will be Americans against the Marxist invaders whether they are citizens or not.

The woke do not belong here and when all is said and done I do hope they are expelled permanently to some commie craphole where they do belong.


9 posted on 05/06/2022 11:15:20 PM PDT by Boomer (Piss On A Commie For Mommy!)
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To: Boomer

That is one of my favorite fantasies: after the country has been cleansed of leftists and leftism those that are still alive will be shipped and dumped into the leftist country if their choice with the stipulation that they can never return to the US and if they are caught sneaking back in, they will be summarily executed.


10 posted on 05/07/2022 2:13:33 PM PDT by Ban Draoi Marbh Draoi ( Gen. 12:3: a wnearning to all anti-semites)
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To: Ban Draoi Marbh Draoi

I like and have had similar fantasies. Maybe one day it will be a reality.

The country and the world would be a better place with them not in it or at least living in their own fantasy world of communism. I think they would be in for a huge wake up call.


11 posted on 05/07/2022 3:32:13 PM PDT by Boomer (Piss On A Commie For Mommy!)
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