The Federal Trade Commission (FTC) recently initiated an investigation into Media Matters for America, a progressive media watchdog. The agency has requested communications between Media Matters and advertising groups related to potential collusion aimed at damaging Elon Musk’s social media platform, X. This inquiry follows a lawsuit Musk filed against Media Matters, alleging that it aimed to drive advertisers away from his platform due to its reports on antisemitic content. The FTC's chairman, Andrew Ferguson, emphasized the need to address advertiser boycotts that could undermine competition among online platforms.
The Federal Trade Commission is investigating Media Matters for America over potential collusion with advertisers to withdraw funding from Elon Musk's social media platform, X.
Media Matters has been asked to provide communications with various ad entities as the FTC investigates possible unlawful collusion affecting competition on online platforms.
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