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Experts criticize Trump's TikTok deal as a shakedown

1 min read
Source: NPR
Experts criticize Trump's TikTok deal as a shakedown
Photo: NPR
TL;DR

Experts criticize the U.S. government's demand for a multibillion-dollar fee from American investors taking over TikTok's U.S. operations, describing it as a form of extortion or rent-seeking that resembles a shakedown, raising concerns about its impact on business practices and innovation.

Topics:nationworld#deal#government#payment#shakedown#tiktok#world
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  1. Experts say Trump's TikTok deal payment is a shakedown  NPR
  2. The TikTok deal would turn Trump allies' dreams of control into reality  MSNBC News
  3. What are TikTok’s new owners buying?  The Economist
  4. TikTok’s $14 billion valuation in Trump deal stuns investors  Yahoo Finance
  5. Trump's TikTok deal payment criticized as 'shakedown scheme' by experts  NPR

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