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One of the ad industry groups being sued by X is ‘discontinuing’

An ad industry group named in X’s antitrust lawsuit is “discontinuing,” two days after the social media company accused major advertisers of an “illegal boycott” against the company.

According to Business Insider, WFA CEO Stephan Loerke told members that GARM is a nonprofit with limited resources, but that the groups planned on fighting the lawsuit. GRAM was previously named in a House Judiciary Committee report that alleged the group had an “anti-conservative bias” and engaged in "anti-competitive" behavior. It has called those allegations “unfounded.” In a statement on its website earlier this week, the group pointed out that it was formed in the wake of a mass shooting that was streamed live on Facebook, with the goal of addressing the monetization of harmful content online.

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