X said the companies worked against their economic self-interests in a conspiracy violating US antitrust law

michael-laugh I can’t believe this is real holy shit

In a statement on Tuesday about the lawsuit, X’s chief executive, Linda Yaccarino, said: “People are hurt when the marketplace of ideas is constricted. No small group of people should monopolize what gets monetized.”

  • WayeeCool [comrade/them]@hexbear.netEnglish
    23·
    3 months ago

    It’s meaningfully different in the US at least because these corporations are some of the most powerful on earth. Musk’s companies are small beans in comparison because market cap is meaningless compared to actual revenue. He is fucking around with corporations that literally overthrow governments, kill disloyal people, and fund private militaries to advance their interests. The kind of corporations that US federal judges rubber-stamp even criminal rulings for.

    https://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue