Germany’s SPD Calls for Antitrust Act to Clip Elon Musk’s Power

https://www.bloomberg.com/news/articles/2024-12-22/germany-s-spd-calls-for-antitrust-act-to-clip-elon-musk-s-power?srnd=homepage-middle-east

Posted by Professional_Cake442

24 Comments

  1. ParticularFix2104 on

    Berliners right now: https://m.youtube.com/watch?v=7gMJBQoHJ4E&t=333s&pp=2AHNApACAcoFGWJpbGx5IGNvbm5vbGx5IHRlcnJvcmlzdHM%3D

    Edit: GUYS ITS JUST A MEME TO SAY FUCK MUSK

  2. Yes please. Make it pan-EU. Put a boot on his autocratic face with his interfering overlord pretentions, and make him lick it for the whole world to see how this kind of dipshit can and should be humiliated.

  3. Professional_Cake442 on

    > (Bloomberg) — A senior lawmaker from Chancellor Olaf Scholz’s Social Democrats railed against Elon Musk’s interference in German politics and called for a new antitrust act to constrain his influence in the corporate world.
    >
    >“Elon Musk’s renewed provocations are more than irritating,” said Dirk Wiese, the deputy caucus leader of the Social Democratic Party in Germany’s Bundestag. “It’s high time to push ahead with a modern version of the Sherman Antitrust Act,” he added, referring to the 1890 US law that banned monopolistic business practices.
    >
    >A modern-day version would essentially lead to a break-up of Musk’s increasingly “monopolistic” conglomerate of companies, Wiese told Bloomberg News on Sunday.
    >
    >While the comments will likely intensify the war of words with the world’s richest person, it’s unclear whether regulators in the US, where Musk’s businesses are headquartered, will agree with his proposal.
    >
    >Musk, whose companies span electric car maker Tesla Inc., SpaceX, social media platform X and tunneling startup Boring Co., has waded into German politics twice in recent days on X. In a reply to another user following Friday’s attack on a Christmas market in the eastern German city of Magdeburg, Musk disparaged Scholz as an “incompetent fool” and said he should resign immediately.
    >
    >The suspect in the attack has been detained on suspicion of murder, attempted murder and assault. The 50-year-old doctor of Saudi Arabian origin who works in the region and was identified by police as Taleb A. is accused of driving a car through the market, killing a nine-year-old child and four women. More than 200 were hurt in the incident, which has sparked fierce debate about security and finger-pointing in the aftermath.
    >
    >In a separate post prior to the incident, Musk voiced support for the German far-right Alternative for Germany party, or AfD, writing: “Only the AfD can save Germany.” Several media reports have since suggested the suspect openly sympathized with AfD.
    >
    >The billionaire, a key adviser to US President-elect Donald Trump, hasn’t held back in expressing his contempt for Scholz, labeling him a “fool” last month after the collapse of Germany’s three-way coalition.
    >
    >Scholz’s government has been under pressure to boost security nationwide after several violent attacks in recent months, including a stabbing in the city of Solingen in August that left three people dead and eight wounded.
    >
    >Polls suggest that public frustration with its migration and asylum policies has helped fuel a recent surge in support for far-right and far-left parties, including for the AfD.
    >
    >Musk’s outbursts come just two months before Germans go to the polls in a snap election in February that will see Scholz go up against Christian Democrat Friedrich Merz and AfD candidate Alice Weidel.
    >
    >Merz’s CDU/CSU alliance leads with support at around 32%, the AfD is second with 19% and the SPD third at 15.9%, according to the latest Bloomberg polling average.
    >
    >Scholz himself took a swipe at Musk on Friday over his political judgment.
    >
    >“We have freedom of speech, and that also applies to multi-billionaires,” Scholz said. “But freedom of speech also means that you can say things that are not right and do not contain good political advice.”

  4. rocketfucker9000 on

    None of Musk companies are a monopoly. Maybe SpaceX but there’s plenty of other competitors out there and most of what SpaceX is launching are Starlink satellites anyway, if you want to launch a satellite there’s like 10 rockets from 10 different companies that can do that.

  5. Burial4TetThomYorke on

    So he just tweeted that he doesn’t like Scholz and supports the Afd and that counts as a provocation? Lmao

  6. Maybe just come up with better political policy so he doesn’t think your country is going to shit

  7. Suspicious-Clerk2103 on

    German media trying to divert attention away from police failure to prevent this crime and immigration policies failure.

  8. This guy is overplaying his hand and scaring too many powerful people

    Wonder that’ll happen to him and his business interests once trump kicks his ass out based one pure ego

  9. On behalf of the USA, please slam this dude as much as possible Europe. He bought our election with misinformation on Twitter to give it to the orange leather bag and I know he’s going to do it again in parts of Europe. He literally endorsed the AfD party in Germany. We Americans who voted for Kamala will need your help to have the world turn on this filthy byproduct of Apartheid South Africa. Thanks to him, he almost killed funding for childhood cancer research in the USA. It truly shows how EVIL billionaires can be.

  10. My question is can a member of the Tesla family sue him for the name? Like there’s 1200 people with the last name Tesla in Serbia, couldn’t they like come together and make a case that he is destroying the legacy of Nikola Tesla and also reflects badly on them?

  11. Apart from there not being an antitrust case here what is the actual end goal

    voters in Germany and people elsewhere are not going to stop thinking that the SPD from Schroeder through to Scholz have actually been doing an incredible job this entire time and the critics should be quiet. Im sure they’ll just add thin skinned to the long list of SPD attributes, and lets face it the case for making that claim looks much stronger than the antritrust one here.

  12. Two things: other than SpaceX, what exactly does any of Musk’s companies have a monopoly in? Secondly, what has Musk done other than speak?

  13. No-Conclusion-6172 on

    Absolutely! Shut it down now. The EU will save TRILLIONS in taxpayer money by crushing the chaos and unrest fueled by his platform’s rampant misinformation campaigns. I strongly encouarge to put an end to this disaster once and for all.

    All the countries across the globe to do the same.

    If you need more reason, read the internet and what happened to the US over the last six months!

  14. Yes please. Musk is becoming a one man terrorist organization. He needs to go down and quickly

  15. The article says that Musk should be punished with monopoly laws, which doesn’t really apply to him, and this should happen because of his twitter recent takes/ endorsing a party.

    Isn’t pressuring someone by regulating their companies for something unrelated and legal (Scholz says in this article) bad? We have plenty of example of Orbán/Fidesz doing this.

  16. He’s trying to push for civil war in the UK lol
    Elon paints himself as this “cool, peace bringer” but he’s not. He’s a warmonger.
    I truly believe he is pushing the world into mass war.

  17. TungstenPaladin on

    >While the comments will likely intensify the war of words with the world’s richest person, it’s unclear whether regulators in the US, where Musk’s businesses are headquartered, will agree with his proposal.

    So it’ll mean fuckall since Musk’s companies are in the US.