H.R. 7521 – TikTok Ban Bill [pdf]
docs.house.gov
docs.house.gov
Isn’t the title misrepresenting? The actual name of the bill is “ H.R.7521 - Protecting Americans from Foreign Adversary Controlled Applications Act.” Also, the word ban is no where to be found in the document.
Second, from my reading this is about divestiture? This is not about a blanket ban.
The US already imposes foreign ownership limits (20%) on broadcast TV and radio. It is therefore pretty reasonable (to me) to impose limits on foreign ownership of social media sites.
https://www.fcc.gov/general/foreign-ownership-rules-and-poli...
The term ‘‘foreign adversary controlled application’’ means a website, desktop application, mobile application, or augmented or immersive technology application that is operated, directly or indirectly (including through a parent company, subsidiary, or affiliate), by— (A) any of— (i) ByteDance, Ltd.; (ii) TikTok;...Not sure anyone does.