Advertiser coalition ‘discontinuing’ activities two days after X antitrust suit: report – IOTW Report

Advertiser coalition ‘discontinuing’ activities two days after X antitrust suit: report

JTN-

The World Federation of Advertisers is “discontinuing” activities of its Global Alliance for Responsible Media two days after Elon Musk’s X sued the two entities and GARM members CVS Health, Mars, Orsted and Unilever for antitrust violations, according to Business Insider, which said it saw the WFA email to members.

CEO Stephan Loerke said the Brussels-based WFA and GARM will fight the lawsuit and predicted it would “demonstrate our full adherence to competition rules in all our activities,” but that as a nonprofit GARM can’t afford to keep going amid the litigation.

Video-sharing platform Rumble filed its own antitrust suit against WFA and members WPP and GroupM the same day as X. Business Insider said GARM only has two full-time staffers and already hired counsel to deal with the House Judiciary Committee’s investigation. more

6 Comments on Advertiser coalition ‘discontinuing’ activities two days after X antitrust suit: report

  1. I have ‘Standing’.
    I was harmed by these 2 individuals.
    I want to help.

    How can I join that suit?
    Will I be allowed to tell the COURT how They harmed me?

    Will Elon or Rumble or the Big Guys open source an avenue for US to help and tell US how?

    I have a Jacket full of Proofs for that fight.
    Terrorbytes

    1

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