Elon Musk's X advertising boycott lawsuit dismissed by US judge
3 hours ago
- #Elon Musk
- #Antitrust Lawsuit
- #Advertising Boycott
- A US judge dismissed Elon Musk's X lawsuit against advertisers for allegedly conspiring to boycott the platform.
- X Corp accused companies like Unilever, Mars, Orsted, and WFA of causing billions in lost ad revenue, but the judge ruled no harm was proven under competition laws.
- The lawsuit followed a decline in X's ad revenue after Musk's acquisition and controversial platform changes, including reinstating banned accounts.
- X claimed advertisers violated antitrust laws by following WFA's Garm standards, but defendants argued they acted independently in ad spending decisions.
- Judge Boyle dismissed the case, stating Garm did not interfere with X's direct sales and the conspiracy claim lacked merit.