In an open letter addressed to advertisers, X CEO Linda Yaccarino said the lawsuit will target the Global Alliance for Responsible Media, its parent firm World Federation of Advertisers (WFA) and G…
Elon Musk ’s X has filed a bombshell antitrust law suit against a left-leaning advertising cartel and several member companies on Tuesday for allegedly targeting the site with an illegal ad boycott.
“This is not a decision we took lightly, but it is a direct consequence of their actions,” Yaccarino added. “The illegal behavior of these organizations and their executives cost X billions of dollars.”Sphere will spend $80M to bring classic film to high-tech Vegas arena: sources “This case is about more than damages – we have to fix a broken ecosystem that allows this illegal activity to occur,” Yaccarino added.Much of the House committee’s scrutiny fell on GARM’s far-left boss Robert Rakowitz. Lawmakers obtained internal emails, including one in which Rakowitz appeared to brag that X was “80% below revenue forecasts” since GARM targeted Musk over brand safety issues.
Tech Advertising Antitrust Law Elon Musk Linda Yaccarino Social Media X (Formerly Twitter)
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