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530 million euros fine… McCourt leaded by European justice?

530 million euros fine… McCourt leaded by European justice?
530 million euros fine… McCourt leaded by European justice?

OM owner of OM, Frank McCourt is also the head of a huge project in the United States with the repurchase of Tiktok’s rights of use. But the file seems to fall completely into the water …

Photo credit: ICON SPORT

In a few days (May 10), Frank McCourt will receive one of the most important distinctions awarded in the United States. Ellis Island’s medal of honor will be given to the owner of OM for her involvement in the development of infrastructure across the Atlantic but especially for her investment in “Liberty Project”, this dossier which has been holding all its attention for a year. Frank McCourt indeed wishes to buy the rights of use of Tiktok in the United States and has federated several billionaires around him.

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McCourt exceeded

After voting for a law forcing Chinese owners of Tiktok (Bytedance) to sell the rights to use the application to an American investor, Donald Trump has twice repeated the deadline for negotiations. And if Frank McCourt seemed perfectly positioned to win at the start, the intermediary of the new American president brought up more powerful projects than the “Liberty Project”. Overwhelmed, McCourt is now very little chance of being the lucky one.

Tiktok takes dear …

Sensitive in the United States, Tiktok is also in Europe. The European Union has just inflicted a record fine, of 530 million euros, in Bytedance, for having transmitted data from its European users to China. A big blow for the application which is weakening like never before and which leads all the more the ambitions of Frank McCourt in his project of recovery in the USA …

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