A major ad industry group is shutting down, days after Elon Musk-owned X filed a lawsuit that claimed the group illegally conspired to boycott advertising on his platform.
Except I doubt the conspired. I find it far more likely that they all saw what Muskrat was doing and didn’t want to do business with him, because he’s an ass.
By your logic, any group that organizes a boycott of any company is guilty of creating a monopoly. That is not how monopolies work, and it is also not illegal. It is a normal function of a free market.
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Nobody was conspiring, they just stopped advertising on a sinking ship.
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Sources?
Nothing Musk does is ever right, but I guess a simp is gonna simp.
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Except I doubt the conspired. I find it far more likely that they all saw what Muskrat was doing and didn’t want to do business with him, because he’s an ass.
Also he told them to go fuck themselves, so yea.
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I rather doubt that buyer boycotts are actually illegal (with the exception of the anti Israel boycotts).
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What monopoly? There are many platforms for ad placement. Boycotting one platform doesn’t make the rest of the market a monopoly.
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By your logic, any group that organizes a boycott of any company is guilty of creating a monopoly. That is not how monopolies work, and it is also not illegal. It is a normal function of a free market.
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A monopoly exists when there is only one seller of a product. A monopsony exists when there is only one buyer of a product.
I’m really not sure that the Sherman Antitrust Act regulates artificial monopsonies the same way it does with monopolies
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