Elon Musk's Twitter acquisition: Advocacy groups seek to block deal

Nearly a dozen advocacy groups have launched a new campaign against Elon Musk to block his takeover deal. 

Nearly a dozen advocacy groups have launched a new campaign against Elon Musk to block his $44 billion takeover deal, as the micro-blogging platform said the waiting period for the deal has expired under the HSR (Hart-Scott-Rodino Antitrust Improvements) Act in the US.

The Stop the Deal campaign is persuading Tesla stockholders to take action against the takeover deal, which has been put on hold by Musk as he wants more information on fake accounts on the platform,

The group with nonprofits like Accountable Tech, Center for Countering Digital Hate, GLAAD and MediaJustice, has also asked Tesla stakeholders to ask advertisers to stop spending on the platform.

Musk "would steamroll basic content moderation safeguards and provide a megaphone to extremists who traffic in white nationalism, hate, disinformation, and harassment, further endangering marginalized communities", the group said in a statement.

Musk would "reinstate Twitter accounts of public figures who were banned for inciting violence and spreading dangerous disinformation".