RESTRICT Act explained: proposed TikTok ban is 'a PATRIOT Act for the digital age,' some lawmakers say

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In this photo illustration the social media application logo for TikTok is displayed on the screen of an iPhone in front of a US flag and Chinese flag background in Washington, DC, on March 16, 2023. - China urged the United States to stop

America's best bet for banning TikTok would have terrible side effects

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TikTok app
The RESTRICT act is the leading legislation to ban TikTok, but experts warn it could have huge consequences.

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Google, Meta, and Snap would be the biggest winners if TikTok is banned, with shares set to rise on billions in new ad revenue, CFRA says

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US lawmakers may ban TikTok. Senator Mark Warner speaks during the news conference to introduce the Restricting the Emergence of Security Threats that Risk Information Communications Technology Act, or RESTRICT Act, in the Capitol on Tuesday, March 7, 2023. . Warner is flanked from left by Sen. Joe Manchin, D-W. Va., Sen. John Thune, R-S. Dak., Sen. Tammy Baldwin, D-Wisc., Sen. Jerry Moran, R-Kan., and Sen. Mitt Romney, R-Utah.
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