I imagine that our (U.S.) government’s case resides primarily on the premise that the state may exercise the ability to force divestment of a company with foreign ownership.
These powers are granted by the National Defense Authorization Act which seeks to prevent imminent national and private security vulnerabilities being exploited by foreign adversaries and agents; the actors here would be specifically the CCP and their intelligence and military apparatus’ shell companies and PMCs.
The precedents set by U.S. Anti-Trust laws support their position, but the primary argument in the state’s defense are the powers granted by the NDAA.
I imagine that our (U.S.) government’s case resides primarily on the premise that the state may exercise the ability to force divestment of a company with foreign ownership.
These powers are granted by the National Defense Authorization Act which seeks to prevent imminent national and private security vulnerabilities being exploited by foreign adversaries and agents; the actors here would be specifically the CCP and their intelligence and military apparatus’ shell companies and PMCs.
The precedents set by U.S. Anti-Trust laws support their position, but the primary argument in the state’s defense are the powers granted by the NDAA.
I’m only speculating.