Congress accused advertisers group of colluding to tank X's revenue.

Congress accused advertisers group of colluding to tank X’s revenue.

    • The Pantser@lemmy.worldEnglish
      16·
      4 months ago

      Same thing that prevented the free market from tanking the auto industry in 08. Government saves it’s favorite toys

  • magnetosphere@fedia.io
    52·
    4 months ago

    Looked at from another angle, Musk wants courts/government telling businesses that they’re required to spend their money to support other businesses - regardless of how those businesses are run, or the beliefs touted by their outspoken executives.

    This sounds like an absolute nightmare for republicans and libertarians. I almost hope it succeeds. It’s not like I’ve got a horse in this race.

    • dejected_warp_core@lemmy.worldEnglish
      5·
      4 months ago

      It’s not like I’ve got a horse in this race.

      Same, except there’s that whole “forward the cost to the consumer” thing that business tends to do. Especially when such rules apply to everyone, so there’s no competitive disadvantage in doing so.

      • magnetosphere@fedia.io
        1·
        4 months ago

        Businesses will just redirect some of their existing advertising budget, which we’re already paying for anyway. The net cost to the consumer will remain the same.

  • krashmo@lemmy.worldEnglish
    431·
    4 months ago

    So the argument is that by encouraging its members to stop advertising on Twitter this organization has deprived the market of conservative content and viewpoints which violates both antitrust and first amendment protections. I feel like that’s going to be a tough sell considering Elon told advertisers concerned about his takeover of Twitter to go fuck themselves and he didn’t need their money.

  • Zier@fedia.io
    42·
    4 months ago

    BREAKING NEWS: Man who destroys own company suing everyone else to blame them for his own incompetence!

  • tigeruppercut@lemmy.zipEnglish
    36·
    4 months ago

    Whatsa matter emerald boy, is your nazi platform failing under your “leadership”? Go cry about it to the people you pay to tolerate your presence.

    • Lost_My_Mind@lemmy.worldEnglish
      8·
      4 months ago

      Thats not true. I love taking a baseball bat and smashing a baseball. Has Elon considered dressing up as the Cincinnati Reds mascot?

  • MechKit@beehaw.orgEnglish
    12·
    4 months ago

    So that’s how the free market works, anyone that doesn’t buy your product is a criminal?