The Global Alliance for Responsible Media ( GARM ), a social media triumphant, filed a federal antitrust lawsuit against the social media giant X Corp., formerly known as Twitter and owned by Texas billionaire entrepreneur Elon Musk. The lawsuit alleges that the global association of advertisers operated a conspiracy that cost X billions in advertising revenue and that did so defrauded the public of fair competition in the social media industry.
X Corp. CEO Linda Yaccarino made the allegations in an opened letter to marketers, noting that the most recent findings in a U.S. House Committee on the Judiciary research revealed that GARM targeted X in what is likely an illegitimate protest.
See the original article: https://thetexan.news/judicial/elon-musk-x-lawsuit-alleges-advertising-association-conspiracy-violated-federal-antitrust-law/article_bfd21f5e-5437-11ef-bd84-93c36c0f4d9e.html
