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A comment on xAI has acquired X, xAI now valued at $80B. Parent comment

Re:xAI has acquired X, xAI now valued at $80B by Maxatar on Saturday March 29, 2025 @12:19PM (#43516611)
Yes, self-dealing is illegal when taken to mean a precise legal term; a fiduciary using that position to carry out a transaction in their own self-interest and against the interests of their beneficiaries.
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Re:xAI has acquired X, xAI now valued at $80B by brookst on Saturday March 29, 2025 @01:19PM (#43517013)
Yes, and just like anti-trust law doesn’t make monopolies illegal, it’s not the self-dealing that’s illegal, it’s the abuse of the process (as you say).
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