The Global Alliance for Responsible Media has decided to "discontinue activities" after a lawsuit filed against them by Elon Musk's X and the Rumble platform. The group was under fire for antitrust violations after they had orchestrated ad boycotts of both platforms using their monopoly.
The House Judiciary said this was a "Big win for the First Amendment" and a "Big win for oversight." The House Committee brought questions about GARM, their monopoly on advertisers, and their use of that monopoly to influence online speech to a hearing.
#BREAKING: The “Global Alliance for Responsible Media” is discontinuing.
— House Judiciary GOP 🇺🇸🇺🇸🇺🇸 (@JudiciaryGOP) August 8, 2024
Big win for the First Amendment.
Big win for oversight.
Reminders:
— House Judiciary GOP 🇺🇸🇺🇸🇺🇸 (@JudiciaryGOP) August 8, 2024
1. We sent demand letters to over 40 companies about GARM’s collusive practices.
2. We also produced a major report on GARM’s harm, which can be read here: https://t.co/3TTNysFZkC
3. We also had an incredible hearing with @benshapiro on the subject.
Winning. https://t.co/bSPBx63BMs pic.twitter.com/nknS9DJJ5Q