151
X’s depressing ad revenue helps Musk avoid EU’s strictest antitrust law
(arstechnica.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Oct 2024
151 points (94.7% liked)
Technology
59174 readers
2113 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
In this particular case, I'm really not sure it's a loophole.
Antitrust laws exist to constrain companies so large and powerful that they have become, or are becoming monopolistic forces
What Twitter successfully proved to the EU court is that Musk's management of the company has been so spectacularly incompetent that Twitter/X no longer has enough reach or cultural relevance to be in any danger of being a monopoly.
This is, objectively speaking, a serious L for Twitter. They just proved to a court that they're no longer even close to being the best place to spend your advertising dollars. The major spenders will take note.