TikTok challenged the restrictive law of the US government, the future of the company will be decided

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TikTok and its Chinese parent company ByteDance have filed a lawsuit against the US federal government to challenge the law that forces them to sell their stake or bring it under the ambit of the ban. The lawsuit could lead to a lengthy legal battle over TikTok’s future in the United States.

New York . Social media platform TikTok and its Chinese parent company ByteDance on Tuesday filed a lawsuit against the US federal government to challenge the law that could force a stake sale or bring it under the ambit of sanctions. The lawsuit could lead to a lengthy legal battle over TikTok’s future in the United States. TikTok, a popular platform for uploading videos, has termed this law as clearly unconstitutional, which has been introduced as a regulation of TikTok’s ownership. US President Joe Biden has signed this law as part of a $95 billion foreign aid package.

There is a provision in this law that TikTok’s parent company ByteDance will have to sell its platform within nine months. If any efforts are already underway towards the sale, the company will get an additional three months to complete the deal. However, ByteDance has said that it has ‘no plans to sell TikTok.’ But even if there is an intention to sell, it will have to take approval from the Chinese government. China has previously opposed the forced sale of the platform. TikTok has also become a medium as trade relations between the US and China turn into strategic rivalry.

Disclaimer: CricketInFocus has not edited this news. This news has been published from PTI-language feed.



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