Author: Gregory H. Shill, Professor of Law & Michael and Brenda Sandler Faculty Fellow in Corporate Law, University of Iowa

Dual-class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok

Gregory H. Shill, Professor of Law & Michael and Brenda Sandler Faculty Fellow in Corporate Law, University of IowaLeave a Comment on Dual-class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok

When Congress passed a law in 2024 to ban TikTok unless it came under U.S. ownership, lawmakers argued that the app’s Chinese parent company posed national security concerns. The Trump administration, which had granted the viral video app a reprieve shortly after taking office in January 2025, extended that pause again on April 4 after […]

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