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US FTC Reportedly in Settlement Talks with Major Ad Agencies over Alleged Coordinated Boycott of Musk's X Platform
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The Wall Street Journal, citing sources, reported that the US Federal Trade Commission is in discussions with several major advertising agencies, including Dentsu (4324.JP), Publicis Groupe and WPP, over a potential settlement regarding whether the companies coordinated a boycott of platforms including Elon Musk's X, in violation of federal antitrust laws. The companies would pledge not to withdraw clients' advertising budgets from relevant platforms based on political content that may appear on media platforms, while individual advertisers would still be free to choose to avoid placing ads on specific websites. The US Federal Trade Commission stepped up its investigation last year into advertising boycott practices, targeting civil organizations such as Media Matters. These organizations had previously alleged that advertisements from major brands appeared alongside far-right extremist posts on the X platform. (fc/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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