Elon Musk's X is suing more advertisers over ad 'boycott' [Business Insider]
Abbott Laboratories (ABT)
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Source: Business Insider
Elon Musk's company is seeking damages, alleging the boycott hurt its competitiveness in digital advertising. Elon Musk's X is suing more big advertisers as part of a lawsuit that alleges they collectively conspired to boycott advertising on the platform following his takeover of the company. In an amended complaint filed in a Texas court on Saturday, X added Nestlé, Abbott Laboratories, Colgate, Lego, Pinterest, Tyson Foods, and Shell as defendants to its lawsuit , which was originally filed in August. The complaint alleges that members of the Global Alliance for Responsible Media (GARM), a now-defunct initiative from the advertiser trade body the World Federation of Advertisers (WFA), illegally conspired to "collectively withhold billions of dollars in adver
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ABT
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- 1/22/25 - In-Line
ABT
Sec Filings
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- 3/6/25 - Form 144
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