GARM IS GONE! Global Alliance for Responsible Media, Created to Boycott Conservative Speech and Bankrupt Conservative Speakers, Announces It's Shutting Down Two Days After Elon Musk Files a Sherman Anti-Trust Lawsuit Against Them

GONE!

 

An influential advertising industry group said it would shut down after being sued this week by X, Elon Musk's social media company, according to an email sent to its members and obtained by The New York Times.

The Global Alliance for Responsible Media, a nonprofit coalition of major advertisers led by the World Federation of Advertisers, told its members it would cease operations two days after Mr. Musk accused the group of orchestrating a boycott against X. The lawsuit claimed that the group, known as GARM, had violated antitrust laws by coordinating with brands to dissuade them from spending money on the social media platform.

While the World Federation of Advertisers denied that GARM's work had run afoul of the law, it said that the nonprofit did not have the financial resources to continue operating while it fights X in court.

Stephan Loerke, the chief executive of the World Federation of Advertisers, told members in an email that, while he was "confident that the outcome will demonstrate our full adherence to competition rules in all our activities," GARM would shut down its operations immediately. The World Federation of Advertisers, which is also named in the lawsuit, will remain operational.

At X, the news that GARM would shut down was celebrated. "No small group should be able to monopolize what gets monetized," Linda Yaccarino, X's chief executive, said in a post. "This is an important acknowledgment and a necessary step in the right direction. I am hopeful that it means ecosystem-wide reform is coming."

ACE COMMENTS:

Let's not get too excited. The Global Disinformation Initiative was created by the US and UK governments to censor conservative speakers. When people began suing and Congressmen began asking questions about the government's role in a censorship racket, Steven Brill founded "NewsGard," an allegedly "private" organization which duplicated the same censorship that the GDI was imposing on speakers and advertisers, but this time allegedly with no government entanglement.

Wink.

So I do not expect this plainly-illegal cartel to go away -- they will simply be less open about the business of this illegal cartel to restrain trade. They will shut down their official offices and just do this by backroom scheming and disappearing texts.