Post Misrepresents Democrats’ History of Opposing Platform Monopolies
Posted on AllSides May 11th, 2022
From The Center
FACT CHECK
Elon Musk’s $44 billion offer to buy Twitter was criticized by several prominent Democrats. But a social media post misleadingly claims Democrats didn’t speak out against companies buying out competitors and creating monopolies until Musk bought Twitter. Democrats have opposed monopoly power and encouraged competition for years.
On April 25, Twitter’s board of directors agreed to sell Twitter to Tesla and SpaceX CEO Elon Musk for roughly $44 billion. Musk, a self-described “free speech absolutist,” announced his move was a way to loosen restrictions on the social media platform.
The deal — which still needs approval from shareholders and U.S. corporate...
