Add as a preferred source on GoogleTexas Attorney General-Elect Pledges Scrutiny of Potential Tesla-SpaceX Merger
Johnson warned that concentrated corporate power could pose risks. He and other Democrats won Texas races nine days ago.
Texas Attorney General-elect Nathan Johnson said he would scrutinize any potential merger between Tesla and SpaceX, warning that concentrated corporate power poses risks and that deals with broad consequences warrant close examination.
The competition issue includes whether a combined company might restrict rivals’ access to SpaceX technology. Earlier coverage examined antitrust concerns around exclusive access to SpaceX technology, including Starlink.
Johnson and other Democrats prevailed in Texas races nine days earlier, ending Republican control of the relevant state offices that had extended back to the 1990s.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.