X's financial reports and official statements

X 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.