Elon Musk’s X just sued a nonprofit advertising group out of existence | CNN Business
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A major ad industry group is shutting down, days after Elon Musk-owned X filed a lawsuit that claimed the group illegally conspired to boycott advertising on his platform.
    • NaibofTabrEnglish
      4·
      1 month ago

      What monopoly? There are many platforms for ad placement. Boycotting one platform doesn’t make the rest of the market a monopoly.

        • NaibofTabrEnglish
          31·
          1 month ago

          By your logic, any group that organizes a boycott of any company is guilty of creating a monopoly. That is not how monopolies work, and it is also not illegal. It is a normal function of a free market.

    • mkwt@lemmy.worldEnglish
      3·
      1 month ago

      A monopoly exists when there is only one seller of a product. A monopsony exists when there is only one buyer of a product.

      I’m really not sure that the Sherman Antitrust Act regulates artificial monopsonies the same way it does with monopolies