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Reading: Twitter Says Antitrust Waiting Period for Musk Deal Has Passed
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The Wall Street Publication > Blog > Tech > Twitter Says Antitrust Waiting Period for Musk Deal Has Passed
Tech

Twitter Says Antitrust Waiting Period for Musk Deal Has Passed

Editorial Board Published June 3, 2022
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Twitter Says Antitrust Waiting Period for Musk Deal Has Passed
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Twitter said Friday the window has closed for federal antitrust regulators to block Elon Musk’s proposed $44 billion acquisition of the social-media company, removing another barrier to the transaction.

The company said the 30-day waiting period established under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, which gives the Federal Trade Commission and Justice Department time to review a transaction for potential antitrust violations, expired for the deal Thursday night.

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