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Impact on X's advertising revenue by March 2025 due to Texas AG investigation?
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Story
Texas AG Probes GARM, WFA for Alleged Boycott Conspiracy Against Elon Musk's X
Nov 21, 2024, 10:58 PM
Texas Attorney General Ken Paxton has initiated an investigation into a potential conspiracy by advertising companies, including members of the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA), to boycott certain social media platforms. Paxton's inquiry focuses on whether these companies have colluded to withhold advertising revenue from platforms like X Corp, formerly known as Twitter, and Rumble, potentially targeting Elon Musk's platform. The investigation aims to uncover any coordinated efforts that could violate federal and state antitrust laws, with Paxton describing such actions as 'completely unacceptable and un-American.'
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