• exanime@lemmy.today
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    7 months ago

    Which is in my opinion the actual goal here… The USA talks about free market and crap but usually cannot compete unless they make the rules, set the referees, start with double the money, can’t go to jail and charge triple passing go

    Either tiktok becomes an American company or leaves… Ah, the free market has spoken

    • 800XL@lemmy.world
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      7 months ago

      Republicans talk of a completely free market where monopolies are free to flouish. Democrats talk of a free market with regulations to spur competition and keep the consumer safe - like from being sold only rotten meat unless they pay top dollar.

      Unfortunately the American gov’t is now just a revolving door of C-level execs to plunder tax dollars for the bottom line and to fuck over they very same people generating the labor and paying the taxes.

    • vinniep@lemmy.world
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      7 months ago

      Either tiktok becomes an American company or leaves… Ah, the free market has spoken

      People keep saying this and I’m struggling to understand where this idea is coming from. The bill isn’t saying that they have to sell TikTok to a US company. They don’t have to sell it to the US government, or an owner in the US. Just divorce the company from explicit control by the Chinese government. Currently, the government can request any data they want from TikTok and they are obligated to provided it. Similarly, business laws in China mean that the government can also push changes down into the company, like a tweak to the algorithm to influence foreign perceptions of a topic for example.

      The requirements laid out in this bill are meant to break that obligation and influence. It doesn’t say who should own the company - only who shouldn’t.

      • exanime@lemmy.today
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        7 months ago

        Currently, the government can request any data they want from TikTok and they are obligated to provided it.

        You mean exactly like all big tech in the USA?

        • fruitycoder@sh.itjust.works
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          7 months ago

          They have get a warrent to force getting data and I know of no legal obligation for platforms to change algorithms to promote or demote content. Even the twitter files showed that twitter employees voluntarily agreed to work with federal departments, but had no obligations to