Rumble Joins X in Lawsuit Against Alleged Digital Advertising Cartel | The Living Archives Podcast

5 months ago
13

In a significant legal move, Rumble has partnered with X (formerly known as Twitter) to file a lawsuit against what they claim is a coordinated cartel of digital advertising companies. The lawsuit, lodged in a federal court, accuses these companies of conspiring to withhold advertising revenue and manipulate digital ad markets to their advantage.

The lawsuit details allegations that the advertising cartel engaged in anti-competitive practices, including colluding to control ad pricing and unfairly limiting the revenue share for digital platforms like Rumble and X. This alleged conspiracy, according to the plaintiffs, has caused substantial financial harm to these platforms by suppressing their advertising revenue and stifling competition.

Rumble and X argue that the cartel’s actions undermine fair market practices and harm both platforms and advertisers. They seek to hold the accused companies accountable and recover damages for the financial losses incurred due to these alleged practices.

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News Voiced and Reported by: Zahra

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