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Texas AG investigating ad companies for boycotts of certain social media platforms

( November 21, 2024, 21:02 GMT | Official Statement) -- MLex Summary: Texas Attorney General Ken Paxton announced an investigation of the World Federation of Advertisers regarding a potential anticompetitive scheme to withhold advertising dollars from certain social media platforms. “It is completely unacceptable and un-American that the Department of Justice under the Biden Administration failed to enforce antitrust laws against its perceived political allies,” Paxton said. “Trade organizations and companies cannot collude to block advertising revenue from entities they wish to undermine. Today’s document request is part of an ongoing investigation to hold WFA and its members accountable for any attempt to rig the system to harm organizations they might disagree with.”Statement follows in full. ...

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