It's possible this could be construed as price fixing. If the DOJ cared it could open an investigation, leading to a suit, leading to discovery of communications between Altman and all the other relevant players. If price manipulation is an apparent factor in their decision making it may be a very easy case.
Market manipulation is a crime under the Securities Exchange Act of 1934. You can't buy things to influence the price or the market, only to use or resell.
willis936|2 months ago
paulryanrogers|2 months ago
semiquaver|2 months ago
Do you have a citation for what law is being violated? Or just vibes?
themafia|2 months ago
intunderflow|2 months ago
Obviously kind of a moot point because whether it violates antitrust law or not, what is guaranteed is the US Government is not going to do anything
ajross|2 months ago
https://en.wikipedia.org/wiki/Market_manipulation
fatata123|2 months ago
[deleted]
UncleOxidant|2 months ago
blibble|2 months ago
for what? unimportant