Analysis
Musk’s Twitter deal might fail, but not on antitrust grounds
It’s obvious to even the most novice of antitrust lawyers that the deal won’t be rejected on a market power basis, but that hasn’t stopped Washington’s left-leaning media and politicians.
Matthew CranstonUnited States correspondentWashington | For all the hand-wringing by left-leaning media and politicians in Washington, billionaire Elon Musk’s potential $US44 billion ($61.4 billion) takeover of Twitter shouldn’t raise any antitrust concerns at this point.
The main US antitrust laws are the Sherman Act, which works against the formation of cartels, and the Clayton Act, which looks to prevent mergers and acquisitions that consolidate too much market power into one company.
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