Elon Musk has expanded his lawsuit against several companies, accusing them of violating U.S. antitrust laws by withdrawing advertising from his social media platform, X. The lawsuit originally targeted a handful of advertisers, with Musk now including major firms like Nestle and Lego. He claims their actions represent a coordinated effort that not only affects X financially but also diminishes its competitive edge against other social media platforms, raising questions about free speech and market integrity in the advertising landscape.
Musk's lawsuit highlights his claim that advertisers colluded to reduce their spending on X, violating U.S. antitrust laws and severely impacting the platform's market competitiveness.
He believes the simultaneous withdrawal of advertising funds from companies like Unilever and Nestle demonstrates a coordinated effort to undermine X's financial viability.
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