X.com CEO Linda Yaccarino Sues Ad Industry Group for Antitrust, Joined by Rumble

3 months ago
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TRANSCRIPT
Linda Yaccarino: Hey, everybody. I was shocked by the evidence uncovered by the House Judiciary Committee, that a group of companies organized a systematic, illegal boycott against X. It is just wrong, and that is why we are taking action.

Today, we filed an Antitrust lawsuit against the Global Alliance for Responsible Media, four of its key members, and the World Federation of Advertisers.

These organizations targeted our company and you, our users. The evidence and facts are on our side. They conspired to boycott X, which threatens our ability to thrive in the future.

That puts your Global Town Square – the one place that you can express yourself, freely and openly – at long-term risk. People are hurt when the marketplace of ideas is constricted. No small group of people should be able to monopolize what gets monetized.
This group is no match for the power of our users, all of you, the very same users that have driven usage of X to all-time highs. I joined X because I believe in the power of the Global Town Square. It's users like you, people of all backgrounds and opinions, who make X indispensable.

You deserve an open platform, where your views can be expressed without restriction and without fear. To all of you who have been part of this transformative journey that we're on, thank you. Rest assured, X has never been more committed to innovating and expanding all of our Global Town Square.

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