Google and Facebook certainly stand to benefit here since TikTok is a direct competitor. That doesn’t mean we shouldn’t ban TikTok (I’d like to see some evidence from the FBI though), but it means we should scrutinize the bill to see if there are undesirable parts to it.
Likewise, I think this bill could be used against companies with Chinese investment, like anything Tencent investment (e.g. Fortnite, League of Legends, etc). That’s obviously not the target, but I think it could be used to get those banned from the US.
So I’m worried about this bill. Maybe I’m misreading it (I hope so), and it doesn’t seem as bad as some people claim, but I do think it’s problematic.