US government intervention in free markets goes way beyond TikTok

Congress may be all abuzz about forcing the Chinese owners of TikTok to sell the social media company so that the communists can’t control impressionistic U.S. teenagers with their propaganda. But it’s hardly the only effort being made by federal authorities to try to lessen the influence of foreign threats in sensitive areas of technology.

In the United Arab Emirates, for example, the U.S. government has worked with Microsoft for the tech giant to buy a minority stake in that country’s dominant artificial intelligence company, G42. A key part of securing the deal was to ensure G42 disposed of Chinese hardware it was using in its operations.

Even just in recent weeks, the U.S. government has doled out numerous grants to both domestic and friendly foreign semiconductor manufacturers in a bid to halt the dominance of the world’s
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