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Comment by aesch | Hacker News Reader

I don't know if America has done anything quite like this. The example I'm looking for is where a company starts in the US but leaves and incorporates outside the US and then the US attempts to block acquisition by a foreign company. Also, the enforcement mechanism while vague seems un-American. America might tax the company upon exit but it wouldn't hold the founders hostage in America. If you have examples I'd be curious.

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The US doesn't need to do 'something like this', they can just bar you from the global financial system if they don't like you. [1]

Or just order another country to snatch you up.

> https://en.wikipedia.org/wiki/Meng_Wanzhou

She was arrested, and was being extradited from Canada into the United States... Because her Chinese company was doing business with Iran.

> https://en.wikipedia.org/wiki/Viktor_Bout

This chap was arrested in Thailand, extradited, and did a decade in a US prison because he had the audacity of selling weapons from Russia to Colombia. I'm not sure how exactly US law is of any relevance to such transactions...

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[1] Or, since 2025, just shoot a missile at your boat, with an option for a follow-up salvo if there any survivors. Strangely enough, everyone who has managed to survive both the initial attack, and the double-tap has so far been repatriated to their countries of origin, with no charges filed by the US.

You don't need to incorporate in the US for this to happen to you. You should look up what happened to Marc Lasus after he founded Gemplus (spoiler, he's on social security while the company the CIA stole from him has $3b revenue) or how Frédéric Pierucci was taken hostage to force the sale of France's nuclear reactors to General Electric. I assume the US does this to all the other countries too.

For reference: https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Pierucci#Im...

This is relevant too: https://www.bbc.co.uk/news/world-europe-47765974

Being stopped that late is a bit different than the US AFAIK, but there is certainly the possibility of being stopped from work and (depending how you react) prevented from leaving the US for purely economic inventions:

https://en.wikipedia.org/wiki/Invention_Secrecy_Act

I find it notable that the US' actual checks on government have worked against expanding the secrecy act further into economic protectionism for favored industries, etc.

We maintained control of EUV tech after selling key parts to the Dutch, but that came out of US public-private partnerships and not pure private.

US has blocked merges of companies especially with Chinese and other non western companies. Including Japan, India etc.

For instance US Steel acquisition by Nippon Steel(japanese) is one such example. https://www.bbc.com/news/articles/cx2vz83pg9eo

More examples,

Ant Group(chinese) tried to buy MoneyGram (blocked in 2018) https://www.reuters.com/article/business/us-blocks-moneygram...

Xiamen Sanan Optoelectronics tried buying Lumileds, blocked again by US. Also Chinese ofc.

Broadcom and Qualcomm deal was also blocked, Broadcom was then Singapore based in process of moving to US I believe... (very sus happened in 2018 too, someone didn't pay Donald enough)

https://thediplomat.com/2014/02/india-inc-and-the-cfius-nati... Indian company forced to divest from US tech firm... (2013)

I am certain there must be European examples as well but smaller ofc, AI companies are over valued these days, most acquisitions were never this big in the olden days of pre 2020s...

I know for a fact that most folks don't want to invest in US for this reason other than in public equities or bonds ofc. Private foreign investment in US has been high only due to European pensions and Middle-eastern money going into it.

I don't know about how fair, far, or right it was compared to these were, detaining founders is also not confirmed, but sure let's assume it's true still...

Only difference in US is perhaps foreign folks can sue over it. Sometimes, if they are lucky and if the deal is worth it.

I find it strange people of HN being based in US can be so ill informed of what their country, does to foreign companies but be mad about things foreign companies do to them?

I mean sure rest(96%) of the world doesn't really exist, it's but a myth or a land the better folks of US only want to take value when needed?

Unsure what this comment meant, this has happened before as well btw, these are just post 2010s examples because they are relevant. Russians and US used to do this too, India and US were worse of pre-2000s, Japan and US were at their throats in 1980s, in terms of trade and acquisition...

Famously back in the day Grindr , which had a plot point in the Silicon Valley series . Probably more obscure ones that havent been heard of outside software in the Hard tech space like MotorSich (Ukranian) was being courted by Chinese investment got blocked due to US pressure. And very recently the whole TikTok fiasco.

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