Language:

Search

Elon Musk's X files antitrust lawsuit against worldwide advertising group

  • Share this:
Elon Musk's X files antitrust lawsuit against worldwide advertising group

Elon Musk's social media platform, X, has filed an antitrust lawsuit against The Global Alliance for Responsible Media (GARM), accusing the advertising group of illegally boycotting companies, including X, formerly known as Twitter.

 
 

X CEO Linda Yaccarino announced Tuesday the company has filed a lawsuit against GARM, World Federation of Advertisers (WFA), and GARM members CVS Health, Mars, Orsted and Unilever.

ALL MUSK'S XS MOVE TO TEXAS: FLAGSHIP SOCIAL MEDIA COMPANY JOINS SPACEX, TESLA IN THE LONE STAR STATE

Yaccarino said X filed the suit after reviewing the House Judiciary Committee's recent investigation found evidence"that GARM and its members directly organized boycotts and used other indirect tactics to target disfavored platforms, content creators, and news organizations in an effort to demonetize and, in effect, limit certain choices for consumers."

 

She said X determined GARM's tactics have cost X billions of dollars.

 

GET Gxstocks ON THE GO BY CLICKING HERE

This is a developing story. Check back for updates.

 
Olivia Smith

Olivia Smith

News: Get latest stock share market news, financial news, news, economy news, company news, politics news, breaking news at Business Standard. Catch all the latest Nifty Sensex news live updates.