X is now suing more advertisers in an antitrust lawsuit focusing on what the company’s CEO Linda Yaccarino has claimed is a “systematic illegal boycott.”
Can someone explain to me how you can sue over a business choosing to not spend their advertising dollars on a particular service? I mean Elon specifically told his customers to “fuck off” and now he’s suing them?!? I just don’t understand these petulant little man children being so litigious when they get their feefees hurt.
Paying a couple of five or six figure sums to continue advertising on X, versus paying millions to fight a protracted legal battle - I know which option the shareholders of those companies will be pushing for.
X has an estimated market cap of $9.4 billion, whereas Nestlé has a market cap of $219 billion. That’s a corporate superpower with no qualms about monopolizing freshwater or bait- & switching breast milk formula from babies. And it’s just one of the companies they’re taking on, with a shitty case to boot. So yeah… if I was Elon I would keep my head down.
The object of the lawsuit is to get these deep pocketed corporations to settle for millions. If the companies aren’t able to get the suits dismissed, they will settle. They don’t want to get on the wrong side of the current administration and it’s less costly than a years long legal battle.
Can someone explain to me how you can sue over a business choosing to not spend their advertising dollars on a particular service? I mean Elon specifically told his customers to “fuck off” and now he’s suing them?!? I just don’t understand these petulant little man children being so litigious when they get their feefees hurt.
Sure thing! I found an article that explains it better than I could:
Easy, you pack courts with shills, you eliminate government oversight, and then you do whatever you want.
The actual “easy” part is that you can sue anyone for pretty much anything. Suing is entirely different from winning the case.
Why they think they have a chance of winning is the weirder question, especially when Musk publically told the advertisers to go fuck themselves.
Paying a couple of five or six figure sums to continue advertising on X, versus paying millions to fight a protracted legal battle - I know which option the shareholders of those companies will be pushing for.
Don’t have to win, just drag the case out, causing both sides to spend fortunes on legal fees. Guess who has the most money.
X has an estimated market cap of $9.4 billion, whereas Nestlé has a market cap of $219 billion. That’s a corporate superpower with no qualms about monopolizing freshwater or bait- & switching breast milk formula from babies. And it’s just one of the companies they’re taking on, with a shitty case to boot. So yeah… if I was Elon I would keep my head down.
I hate this timeline so much.
Maybe it’ll turn around after the Bell protests
You mean the Bell Riots that started September 1, 2024? I’m not sure how to tell you this, but that didn’t happen on schedule.
Instead of someone explaining, you could always read the article linked and see for yourself.
You can sue for anything.
The object of the lawsuit is to get these deep pocketed corporations to settle for millions. If the companies aren’t able to get the suits dismissed, they will settle. They don’t want to get on the wrong side of the current administration and it’s less costly than a years long legal battle.
It’s also a strong signal to future boycotters.