Source: US News & World Report
“A U.S. judge on Thursday dismissed X Corp’s antitrust lawsuit that accused the World Federation of Advertisers and major companies including Mars, CVS Health and Colgate-Palmolive of illegally boycotting billionaire entrepreneur Elon Musk’s social media company. U.S. District Judge Jane Boyle in the federal court in Dallas said X failed to show it had suffered any harm under federal antitrust laws. X Corp’s lawsuit, filed in 2024, said the advertisers, acting through a World Federation of Advertisers initiative called Global Alliance for Responsible Media, collectively withheld ‘billions of dollars in advertising revenue’ from X, previously known as Twitter.” (03/26/26)