[kelnos]

This is not a new precedent. The US government has placed foreign-ownership restrictions on media companies since before the public internet was a thing. The only difference here is that it's targeted at a specific company, but I'm not really up in arms about that, even though I think they definitely could have written the law without naming ByteDance or TikTok specifically.

[themaninthedark]

Not just media companies, the government block a Japanese company from buying US Steel. Not out of antitrust concerns but due to the foreign ownership aspect.

[xp84]

Yup, and that was done against one of our most loyal allies.

[xcrunner529]

Yep, but people don't pay attention to history anymore and their ignorance keeps us repeating it.

[j33zusjuice]

Did they ever?

[xcrunner529]

I think more people in government did because they actually were educated and not just all grifters.