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VisitX Files Antitrust Lawsuit Against GARM and WFA Over Illegal Boycott
Aug 6, 2024, 03:50 PM
X, the social media platform formerly known as Twitter, has filed an antitrust lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA). The lawsuit alleges that these organizations have been coordinating an 'illegal boycott' against X, which has purportedly restricted the marketplace of ideas. This move follows a probe by JudiciaryGOP. Linda Yaccarino, CEO of X, emphasized that no small group of companies should monopolize what gets monetized, advocating for an open platform where diverse views can be expressed.
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Markets
Yes • 50%
No • 50%
Official settlement announcements from X or the defendants
No • 50%
Yes • 50%
X's financial reports and official statements
No • 50%
Yes • 50%
Court rulings and official statements
Strengthen policies • 25%
Disbandment • 25%
No change • 25%
Weaken policies • 25%
Official announcements from GARM and WFA
GARM and WFA win • 25%
Case dismissed • 25%
X wins • 25%
Settlement reached • 25%
Court rulings and official statements
Other leadership changes • 25%
Linda Yaccarino remains CEO • 25%
Linda Yaccarino steps down • 25%
Elon Musk takes over as CEO • 25%
Official announcements from X