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FTC Ends Media Matters Antitrust Case, X Lawsuit Dissolves Garm

5/18/2026

46 7 Full Breakdown

Summary

Story summary

The Federal Trade Commission settled its antitrust case against Media Matters for America, ending the investigation.
Media Matters said the probe drained donor funds, halted projects and forced staff layoffs.
The FTC tied approval of the Omnicom-IPG advertising merger to abandoning NewsGuard-type credibility services.
Musk’s X sued Garm and advertisers, prompting the group’s dissolution in August 2024 after a Texas judge dismissed the suit.

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Story summary

The Federal Trade Commission settled its antitrust case against Media Matters for America, ending the investigation.
Media Matters said the probe drained donor funds, halted projects and forced staff layoffs.
The FTC tied approval of the Omnicom-IPG advertising merger to abandoning NewsGuard-type credibility services.
Musk’s X sued Garm and advertisers, prompting the group’s dissolution in August 2024 after a Texas judge dismissed the suit.