Ever since Tesla Techno King Elon Musk announced his SEC filing for buying 9% of Twitter’s stock, the left has been up in arms. They saw his takeover of Twitter and knew their time of being able to have people canceled for disagreeing with them was over. This pushed Twitter to offer him a seat on their board with a cap on how much Twitter he could own. Not satisfied with this idea, Musk offered to buy the company out for cash.
Now, the leftists with the Open Markets Institute have banned together to try to block the sale by filing a complaint with the Federal Communications Commission (FCC). They claimed that Musk owning Twitter and Starlink would be a violation of regulations. Chairman Brendan Carr rejected this idea quickly and with good cause.
OMI Director Barry Lynn stated, “The Open Markets Institute believes the deal poses a number of immediate and direct threats to American democracy and free speech. Open Markets also believes the deal violates existing law, and that the Federal Communications Commission (FCC), the Department of Justice (DOJ), and the Federal Trade Commission (FTC) have ample authority to block it…Since the late 19th Century, the U.S. government has routinely acted to prevent mergers between existing essential platforms. … This means that just as we would now expect the U.S. government to block a takeover of Twitter by Google, Facebook, Comcast, or Verizon, the same rules apply to the owners of Starlink.”
While OMI has a point about preventing mergers between essential platforms, the FCC has no authority to block this. It’s not like he owns Verizon and is trying to take over T-Mobile. Starlink is an internet service, and Twitter is a webpage and application that depends on the internet to exist. There is no perk to using Starlink or any other internet provider to post to Twitter. This frivolous complaint will not serve OMI very well. Mergers and diversification of investments have been a thing in America for decades, and there is nothing wrong with it.
Chairman Carr also issued a statement in response to the suit. “The FCC has no authority to block Elon Musk’s purchase of Twitter, and to suggest otherwise is absurd. I would welcome the full FCC making it clear that we will not entertain these types of frivolous arguments…Of course, the FCC has no authority to block this transaction. And while I am not in a position to speak for the DOJ or the FTC — the other agencies that were identified in that Open Markets Institute release — I am not aware of any basis upon which any federal agency can block it. But I defer to those agencies to speak to the scope of their authorities.”
This statement explains exactly what OMI should have already known; this is a perfectly legal sale and if they don’t like it, too bad. You can’t blame them for trying, though. Twitter has been the third arm of the Facebook/Instagram universe, but Meta (the corporate name for the duo and other businesses) had no ownership in Twitter. On all three platforms, the liberals have had free reign to say whatever hateful and disrespectful comments they wanted to, just as long as they conformed to the liberal agenda.
Those looking to use their voice to share a conservative message often found themselves shadowbanned and unable to reach their desired audience. Musk has openly said he wants to end these bans. He wants people to share their views openly, and to make the algorithm public information, so people can see how their posts are being viewed. This means less trial and error for people to get their message out there and do what Meta has refused to do. Thank God the FCC has a sane Chairman. Then again, he got his position under Trump, should we be surprised he’s intelligent?