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Market
Reactions of Major U.S. Tech Companies to TikTok Lawsuit
5
Resolution / Starting Odds
Support TikTok • 25%
Oppose TikTok • 25%
Neutral stance • 25%
No public reaction • 25%
Public statements, press releases
Story
TikTok Plans Lawsuit Against U.S. Bill Forcing Sale or Ban, Cites First Amendment
Apr 22, 2024, 11:45 AM
TikTok has announced its intention to challenge a U.S. legislative bill that mandates either a sale or a ban of the app, which is owned by ByteDance Ltd. of China. The company has communicated to its employees that it plans to file a lawsuit if the bill is enacted into law. Michael Beckerman, TikTok's head of public policy for the Americas, stated that this legal action marks 'the beginning, not the end' of a long process. The company argues that the bill is a violation of its users' First Amendment rights.
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Similar markets
Support TikTok • 25%
Oppose TikTok • 25%
Neutral or no response • 25%
Collaborate with government • 25%
Support TikTok • 25%
Oppose TikTok • 25%
Neutral • 25%
Collaborate on a solution • 25%
Launch of a similar service • 25%
Acquisition of TikTok or its assets • 25%
No significant change in strategy • 25%
Partnership with other social media platforms • 25%
Change in data policies • 25%
No change in policies • 25%
Increase in lobbying efforts • 25%
Public advocacy against similar laws • 25%
Support U.S. position • 25%
Support TikTok • 25%
Neutral stance • 25%
Increase regulatory scrutiny on TikTok • 25%
Support from other tech companies • 25%
Neutral stance from other tech companies • 25%
Opposition from other tech companies • 25%
Diverse reactions from other tech companies • 25%
Tech companies support Microsoft • 33%
Tech companies remain neutral • 33%
Tech companies oppose Microsoft • 34%
Supportive of SpaceX • 25%
Neutral • 25%
Critical of SpaceX • 25%
No Public Response • 25%
Follow YouTube's compliance • 33%
Challenge the court order • 33%
No action taken • 34%
Supportive statements • 33%
Oppositional statements • 33%
No significant response • 34%
Supportive • 33%
Critical • 33%
Neutral • 34%
Other companies file similar lawsuits • 33%
Companies modify their app store policies • 33%
No significant changes by other companies • 34%