• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Chair Jordan demands answers from dozens of major companies tied to shadowy ‘collusive’ ad group

by August 5, 2024
written by August 5, 2024

One of the most powerful committees in Congress has sent a letter to dozens of major corporations in the United States demanding answers on their involvement in an advertising alliance that Republicans say is potentially trying to silence conservative voices in media and news.

‘The Committee on the Judiciary is conducting oversight into the adequacy and enforcement of U.S. antitrust laws,’ the Republican-led House Judiciary Committee wrote in a letter to Adidas, one of more than 40 companies it reached out to in total, seeking answers about collusion concerns. 

‘Through its oversight, the Committee has learned that collusive activity is occurring within the Global Alliance for Responsible Media (GARM), of which your company is a member. In particular, the Committee has uncovered evidence of coordinated action by GARM and its member companies, including boycotts of disfavored social media platforms, podcasts, and news outlets.’

Along with Adidas, the letter was sent to a variety of other companies, including American Express, Bayer, BP, Carhartt, Chanel, CVS and General Motors, asking them to preserve documents related to their involvement with GARM.

GARM describes itself on its website as a ‘cross-industry initiative established in 2019 by the World Federation of Advertisers (WFA) to help the industry address the challenge of illegal or harmful content on digital media platforms and its monetization via advertising.’

The website adds that GARM is ‘apolitical’ and ‘voluntary.’

Republicans aren’t so sure and suggest in their letters to the major corporations that GARM ‘has deviated far from its original intent, and has collectively used its immense market power to demonetize voices and viewpoints the group disagrees with.’

The committee previously released an extensive report outlining how it believes ‘large corporations, advertising agencies, and industry associations participated in boycotts and other coordinated action to demonetize platforms, podcasts, news outlets, and other content deemed disfavored by GARM and its members.’

The committee wrote, ‘For an organization reliant on speech and persuasion in advertising, GARM appears to have anti-democratic views of fundamental American freedoms. In discussing his views on freedom of speech, GARM’s leader and co-founder, Rob Rakowitz, has expressed frustration with an ‘extreme global interpretation of the US Constitution’ and complained about using ‘‘principles for governance’ and applying them as literal law from 230 years ago (made by white men exclusively).’ With this worldview, GARM pushed what it called ‘uncommon collaboration’ to ‘rise above individual commercial interest.’

The report claims that GARM facilitated advertising crackdowns on Elon Musk, Joe Rogan, Spotify, political candidates and news outlets, including Fox News, The Daily Wire and Breitbart News.

Musk has gone as far as to suggest taking legal action against GARM while referring to it as an ‘advertising boycott racket.’

Fox News Digital reached out to GARM for comment but did not immediately receive a response.

In a statement to the New York Post, a World Federation of Advertisers spokesperson called the Republican charges ‘unfounded.’

‘GARM is not involved in operational steps relative to monetization eligibility, content ratings, platform assessments or media investment decisions,’ the statement said.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Business is good in ‘Vacationland.’ It would be even better with more housing.
next post
Mike Johnson mounts 20-state blitz to keep House red as GOP braces for Harris VP reveal

related articles

Mike Rowe unleashes on Jimmy Kimmel’s latest ‘tone-deaf’...

March 30, 2026

Trump admin launches Gen Z hiring push as...

March 30, 2026

Federal election complaint alleges AOC misused campaign funds...

March 30, 2026

New AI coalition targets Washington, Big Tech as...

March 30, 2026

Iran’s internet blackout hiding strike damage and suppressing...

March 30, 2026

Insurgent Virginia Democrat says his party is ‘completely...

March 30, 2026

Dem senator warns deportation could let Virginia woman’s...

March 30, 2026

Interactive tool reveals which states stand to lose...

March 30, 2026

US allows Russian oil tanker to reach Cuba...

March 30, 2026

Iran’s war against the US and Israel is...

March 30, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • FBI raises counterterror teams to high alert amid Iran tensions

    February 28, 2026
  • Maduro’s son gives ‘unconditional support’ to newly sworn in interim Venezuela president

    January 6, 2026
  • Trump to sign order lifting sanctions on Syria

    June 30, 2025
  • Tesla achieves record China sales, but faces a tougher road ahead

    January 6, 2025
  • 4 House Republicans vote with Dems to block resolution censuring Ilhan Omar for Charlie Kirk comments

    September 17, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,422)
  • Investing (1,470)
  • Stock (1,000)

Latest Posts

  • Risch proposes bill to block US foreign aid from funding abortions

    January 30, 2025
  • Blue state Democrats issue scathing reflection on election loss: ‘We’re out of touch’

    November 11, 2024
  • Biden delivers strong speech touting NATO amid health questions, Democrats’ concerns

    July 10, 2024

Recent Posts

  • Gov Sanders, conservatives unload on ‘bizarre’ Democrat SOTU counterprogramming: ‘Normal vs crazy’

    February 25, 2026
  • Rubio condemns Iran’s ‘unacceptable’ threats against IAEA director

    June 28, 2025
  • US agencies distance themselves from Chinese-founded PDF software

    August 28, 2025

Editor’s Pick

  • ApeCoin and Akita Inu: Akita Inu records a new weekly low

    September 26, 2024
  • Armed militias fire heavy machine guns through Tehran streets in deadly night attacks

    January 21, 2026
  • Guts Stock Overview: Latest Trends and Data To Know About

    October 4, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock