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NBTC has 'no authority' to approve or reject telecom merger

The National Broadcasting and Telecommunications Commission (NBTC) has no authority to approve or reject the merger of True Corporation and Total Access Communication (DTAC), but it can only prescribe measures to govern the deal, according to the Council of State.
Trairat Viriyasirikul Sarana Boonbaichaiyapruck Telecommunications Commission National Broadcasting True Corporation National Telecommunications Commission

President Biden's Executive Order on CFIUS Likely to Yield Incremental Tightening

On September 15, 2022, President Biden signed an Executive Order (EO) detailing certain national security risks that the Committee on Foreign Investment in the United States (CFIUS or the Committee) should consider when reviewing transactions. While the EO articulates risk factors beyond those in the statute undergirding CFIUS operations, the Committee already has been focusing on many (and…
United Kingdom Joshua Gruenspecht Wilson Sonsini Committee On Foreign Investment While The Biden Administration Department Of Defense National Security Agency
Source: wsgr.com

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