Judge hands defeat to Musks X, throws out lawsuit accusing advertisters of illegal boycott

Image for article Judge hands defeat to Musks X, throws out lawsuit accusing advertisters of illegal boycott
News Source : CBC News

News Summary

  • U.S. District Judge Jane Boyle dismisses X Corp.'s antitrust lawsuit.
  • Lawsuit accused major companies including Mars, CVS Health and Colgate-Palmolive of illegally boycotting X.
  • Judge said X failed to show it had suffered any harm under federal antitrust laws.
  • X's lawsuit claimed advertisers acted against their own economic self-interests in a conspiracy against the platform that violated U.s. antitrust ‌law.CVS and the other defendants had denied any wrongdoing and urged Boyle to dismiss the lawsuit.
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 ColgatePalmolive of illegally boyco [+4682 chars]

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