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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Report: Musk’s $44 Bln Buyout of Twitter Faces US Antitrust Review

United States Elon Musk FTC Tesla Inc. Federal Trade Commission Twitter Inc.
Tesla CEO Elon Musk introduces the Cybertruck at Tesla's design studio Thursday, Nov. 21, 2019, in Hawthorne, Calif. (AP)

The US Federal Trade Commission (FTC) is reviewing Tesla Chief Executive Elon Musk's $44 billion takeover of Twitter Inc, Bloomberg News reported on Thursday, citing a person familiar with the deal.

The FTC declined to comment, while Musk could not be reached for comment.

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