Microsoft-TikTok Deal Would See Deadline Pressure, Privacy Risks

Tuesday, August 4, 2020

Andrew Baer was quoted in an article published in Bloomberg Law discussing Microsoft’s potential acquisition of Bytedance’s TikTok, and the company’s ability to resolve the attendant privacy and security concerns in advance of Donald Trump’s September 15, 2020, deadline to reach a deal. The looming deadline leaves little time for Microsoft to conduct privacy, cybersecurity, and national security reviews, possibly leaving Microsoft exposed to regulatory investigations, litigation, and congressional probes. Even if Microsoft clears this hurdle and purchases TikTok, the company may be at risk of being the target of class action suits amidst growing privacy and security concerns among users.

The article notes that class plaintiffs are likely to sue both the buyer and seller for privacy violations. Andy notes that depending on the terms of the deal, “the acquirer may end up bearing liability for fines and damages.”


Click here to read the article. 


Share on LinkedIn


Related Practice Areas

Keep up-to-date with the latest news from Cozen O'Connor

Enter your City or Zip.

Probably shouldn't change this:
Sign up to receive alerts, publications, and event / webinar invites.

By submitting your contact information, you are giving Cozen O'Connor consent to contact you via email.