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Actually - correcting myself. There IS a clause that unbans TikTok on ownership transfer. I didn't read far enough down: > Section 4. Contingent voidness. [Thi
by jameshart 3y ago
Actually - correcting myself. There IS a clause that unbans TikTok on ownership transfer. I didn't read far enough down:
> Section 4. Contingent voidness. [This act] is void if tiktok is acquired by or sold to a company that is not incorporated in any other country designated as a foreign adversary in 15 C.F.R. 7.4 at the time tiktok is sold or acquired.
If TikTok is transferred to a company not owned by China the act goes away.
So they could just do that, then reacquire the company and this law vanishes in a puff of logic.
- anonymouskimmer 3y agoThe law would still be on the books. Presumably it would become non-void, and immediately active, if a Chinese company repurchased TikTok from a non-Chinese company. Much like unconstitutional laws prohibiting abortion became immediately active again after the recent Supreme Court ruling.