October 3, 2024

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FCC Rejects Call to Block Elon Musk’s Purchase of Twitter

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(CNS News) — In a assertion released these days, the Federal Communications Fee (FCC) announced that it experienced turned down a get in touch with by the liberal Open Markets Institute to “block Elon Musk’s acquire of Twitter.”

“The FCC has no authority to block Elon Musk’s order of Twitter, and to advise otherwise is absurd,” mentioned FCC Commissioner Brendan Carr. “I would welcome the comprehensive FCC earning it distinct that we will not entertain these sorts of frivolous arguments.”

The Open Marketplaces Institute, which is headed by Barry C. Lynn, mentioned on Tuesday, Apr. 26, that Musk’s buy of Twitter “poses a variety of fast and immediate threats to American democracy and free speech. Open Marketplaces also thinks the deal violates current regulation, and that the Federal Communications Fee (FCC), the Division of Justice (DOJ), and the Federal Trade Fee (FTC) have ample authority to block it.”

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The Open Marketplaces Institute cited the Telegraph acts of 1860 and 1866, the Mann-Elkins Act of 1910, and the Communications Act of 1934 in its petition. 

Brendan Carr became the FCC commissioner under President Donald Trump in August 2017. Carr is a Republican.

In its 990 tax variety of 2019, the Open Markets Institute in Washington, D.C. describes its “key exempt intent” as, “A group of journalists, scientists, lawyers, and advocates doing the job jointly to expose and reverse the stranglehold that corporate monopolies have on our country.”