An in-depth investigation into the Twitter and Elon Musk deal has…

According to Bloomberg, the US Federal Trade Commission is looking into whether Tesla CEO Elon Musk broke antitrust laws in his prospective acquisition of Twitter.

The Federal Reserve will decide whether to launch an in-depth probe next month, delaying the deal’s completion by months.

It’s worth noting that the committee is looking into whether Musk followed with antitrust law requirements when he bought a 9% stake in Twitter in early April.

Musk is expected to become the interim CEO of Twitter after completing the $44 billion acquisition of the social media giant, according to a Reuters source. Musk is close to collecting the necessary finance for the deal.

By Editor

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