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US FTC in settlement talks with ad companies in boycott probe, WSJ reports

US FTC in settlement talks with ad companies in boycott probe, WSJ reports

ReutersSun, April 12, 2026 at 9:50 PM UTC

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Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo

April 12 (Reuters) - The U.S. Federal ‌Trade Commission ‌is negotiating a ​potential settlement with several major advertising companies to ‌resolve ⁠a probe into whether they ⁠violated federal antitrust laws ​by ​coordinating ​boycotts against ‌platforms, including Elon Musk’s X, the Wall Street Journal reported on ‌Sunday, citing ​people ​familiar ​with the ‌matter.

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Reuters could not ​immediately ​verify the report.

(Reporting by ​Ruchika ‌Khanna in Bengaluru; ​Editing by ​Aurora Ellis)

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Source: “AOL Entertainment”

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