Global Trade Alert
Global Trade Alert

United States of America: The U.S. Administration orders that Chinese technology company ByteDance Ltd. divest U.S. social media app Musical.ly

Announcement

19 Aug 2020

On 19 August 2020, the U.S. Administration issued an executive order regarding the acquisition of U.S. social media app Musical.ly by ByteDance Ltd. a Chinese technology company.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 Aug 2020

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

 On 19 August 2020, the U.S. Administration issued an executive order regarding the acquisition of U.S. social media app <a href="http://Musical.ly" style="font-weight: 400; color: #1874CD; text-decor...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.