• 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

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 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

  • Trump pick for Joint Chiefs chair tells Senate element of surprise ‘likely lost’ amid Signal chat leak

    April 1, 2025
  • Melania Trump questions ‘whether Jill’s concern was genuine’ following Trump assassination attempt

    November 13, 2024
  • SCOOP: GOP push for new House committee to probe Biden decline ‘cover-up’ gains steam

    May 29, 2025
  • Dems divided on Trump’s executive order aimed at slashing drug prices

    May 15, 2025
  • White House unleashes on ‘rogue bureaucrats’ after agency head refuses DOGE entry to headquarters

    March 8, 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 (8,502)
  • Investing (1,722)
  • Stock (1,017)

Latest Posts

  • DOGE era overhaul: GSA touts $60B in savings as Trump shrinks gov’t footprint: ‘Results speak for themselves’

    January 20, 2026
  • Interport Crypto (ITP): Investment Insights and Scam Alerts

    July 18, 2024
  • DOJ takes Live Nation-Ticketmaster to court for antitrust trial

    March 13, 2026

Recent Posts

  • Likely end of government shutdown in sight as House lawmakers poised to clear final hurdles

    November 11, 2025
  • Walmart is getting a bump from a surprising cohort: Wealthier shoppers

    February 20, 2025
  • In one small town, critics and supporters alike ask who is Kamala Harris?

    August 10, 2024

Editor’s Pick

  • Trump directs Secret Service to give him ‘every bit of information’ about his attempted assassins: report

    February 9, 2025
  • 40 Days for Life sees spike in volunteers after Charlie Kirk’s assassination

    October 18, 2025
  • Stellantis share price has collapsed: death cross points to more pain

    March 6, 2025
  • 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