Comment by cermicelli

15 hours ago

US has blocked merges of companies especially with Chinese and other non western companies. Including Japan, India etc.

For instance US Steel acquisition by Nippon Steel(japanese) is one such example. https://www.bbc.com/news/articles/cx2vz83pg9eo

More examples,

Ant Group(chinese) tried to buy MoneyGram (blocked in 2018) https://www.reuters.com/article/business/us-blocks-moneygram...

Xiamen Sanan Optoelectronics tried buying Lumileds, blocked again by US. Also Chinese ofc.

Broadcom and Qualcomm deal was also blocked, Broadcom was then Singapore based in process of moving to US I believe... (very sus happened in 2018 too, someone didn't pay Donald enough)

https://thediplomat.com/2014/02/india-inc-and-the-cfius-nati... Indian company forced to divest from US tech firm... (2013)

I am certain there must be European examples as well but smaller ofc, AI companies are over valued these days, most acquisitions were never this big in the olden days of pre 2020s...

I know for a fact that most folks don't want to invest in US for this reason other than in public equities or bonds ofc. Private foreign investment in US has been high only due to European pensions and Middle-eastern money going into it.

I don't know about how fair, far, or right it was compared to these were, detaining founders is also not confirmed, but sure let's assume it's true still...

Only difference in US is perhaps foreign folks can sue over it. Sometimes, if they are lucky and if the deal is worth it.

I find it strange people of HN being based in US can be so ill informed of what their country, does to foreign companies but be mad about things foreign companies do to them?

I mean sure rest(96%) of the world doesn't really exist, it's but a myth or a land the better folks of US only want to take value when needed?

Unsure what this comment meant, this has happened before as well btw, these are just post 2010s examples because they are relevant. Russians and US used to do this too, India and US were worse of pre-2000s, Japan and US were at their throats in 1980s, in terms of trade and acquisition...