Tag: WORLD FEDERATION OF ADVERTISERS
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Elon Musk’s X Initiates Lawsuit Against Major Advertisers for Alleged Boycott
X is suing major companies for allegedly boycotting ads post-acquisition. The lawsuit claims companies conspired via the Global Alliance for Responsible Media (GARM) to withhold billions in revenue. X seeks treble damages citing U.S. antitrust violations due to the decrease in ad revenue following Musk’s takeover. Elon Musk’s social media platform X, formerly Twitter, has…