The Federal Trade Commission is investigating Media Matters for America, a progressive watchdog, over allegations of colluding with advertisers to withdraw funds from Elon Musk's platform, X. The FTC's inquiry follows tensions following Media Matters' reports regarding antisemitic content on X, prompting Musk to sue the organization for allegedly orchestrating a media strategy to damage his company. The agency demands extensive communications with various advertising entities, signifying a robust stance against perceived unlawful collusion that could undermine competition among online platforms.
The FTC's probe into Media Matters for America centers on possible collusion with advertisers to withdraw funding from Elon Musk's X, as tensions rise between media and digital platforms.
The agency's pursuit of communications between Media Matters and advertising entities signals a broader push against alleged manipulation that threatens competition in the advertising landscape.
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