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Trump: Microsoft should pay ‘key money’ to Treasury for facilitating TikTok deal

25 pointsby ETHisso2017almost 5 years ago

5 comments

ubermanalmost 5 years ago
So essentially:<p>&quot;If you want to buy this thing then you must pay a kickback to the government for <i>brokering the deal</i> and if you don&#x27;t we will use government power to ban it.&quot;
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throwaway5752almost 5 years ago
This should be a notice to all tech founders, who can shortly expect a massive degradation in global FCPA adherence and may expect foreign reciprocity in key markets.
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patrickhogan1almost 5 years ago
Sounds similar to when a US company buys a foreign company and the foreign government requires a minimum number of jobs kept in the foreign country to allow the deal forward. For example Germany. But calling it key money. Wow.
zalkotaalmost 5 years ago
Why shouldn’t there be a tariff? These seems fair.
quantum_statealmost 5 years ago
This is outright extortion ... Shame on Trump and his administration,