[House Hearing, 118 Congress]
[From the U.S. Government Publishing Office]


                      COLLUSION IN THE GLOBAL ALLIANCE FOR 
                                RESPONSIBLE MEDIA

=======================================================================

                                HEARING

                               BEFORE THE

                       COMMITTEE ON THE JUDICIARY

                     U.S. HOUSE OF REPRESENTATIVES

                    ONE HUNDRED EIGHTEENTH CONGRESS

                             SECOND SESSION

                               __________

                        WEDNESDAY, JULY 10, 2024

                               __________

                           Serial No. 118-90

                               __________

         Printed for the use of the Committee on the Judiciary
         
[GRAPHIC NOT AVAILABLE IN TIFF FORMAT]         


               Available via: http://judiciary.house.gov
               
                               __________

                   U.S. GOVERNMENT PUBLISHING OFFICE                    
56-299                   WASHINGTON : 2024                    
          
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                      COMMITTEE ON THE JUDICIARY

                        JIM JORDAN, Ohio, Chair

DARRELL ISSA, California             JERROLD NADLER, New York, Ranking 
MATT GAETZ, Florida                      Member
ANDY BIGGS, Arizona                  ZOE LOFGREN, California
TOM McCLINTOCK, California           SHEILA JACKSON LEE, Texas
TOM TIFFANY, Wisconsin               STEVE COHEN, Tennessee
THOMAS MASSIE, Kentucky              HENRY C. ``HANK'' JOHNSON, Jr., 
CHIP ROY, Texas                          Georgia
DAN BISHOP, North Carolina           ADAM SCHIFF, California
VICTORIA SPARTZ, Indiana             ERIC SWALWELL, California
SCOTT FITZGERALD, Wisconsin          TED LIEU, California
CLIFF BENTZ, Oregon                  PRAMILA JAYAPAL, Washington
BEN CLINE, Virginia                  J. LUIS CORREA, California
KELLY ARMSTRONG, North Dakota        MARY GAY SCANLON, Pennsylvania
LANCE GOODEN, Texas                  JOE NEGUSE, Colorado
JEFF VAN DREW, New Jersey            LUCY McBATH, Georgia
TROY NEHLS, Texas                    MADELEINE DEAN, Pennsylvania
BARRY MOORE, Alabama                 VERONICA ESCOBAR, Texas
KEVIN KILEY, California              DEBORAH ROSS, North Carolina
HARRIET HAGEMAN, Wyoming             CORI BUSH, Missouri
NATHANIEL MORAN, Texas               GLENN IVEY, Maryland
LAUREL LEE, Florida                  BECCA BALINT, Vermont
WESLEY HUNT, Texas
RUSSELL FRY, South Carolina
Vacancy

               CHRISTOPHER HIXON, Majority Staff Director
         AARON HILLER, Minority Staff Director & Chief of Staff
                                 
                                 ------
                                 
                            C O N T E N T S

                              ----------                              

                        Wednesday, July 10, 2024

                           OPENING STATEMENTS

                                                                   Page
The Honorable Jim Jordan, Chair of the Committee on the Judiciary 
  from the State of Ohio.........................................     1
The Honorable Jerrold Nadler, Ranking Member of the Committee on 
  the Judiciary from the State of New York.......................     3

                               WITNESSES

Christian Juhl, Chief Executive Officer, GroupM
  Oral Testimony.................................................     5
  Prepared Testimony.............................................     8
Herrish Patel, President, Unilever USA
  Oral Testimony.................................................    12
  Prepared Testimony.............................................    14
Benjamin Shapiro, Editor Emeritus and Co-Founder, The Daily Wire
  Oral Testimony.................................................    23
  Prepared Testimony.............................................    26
Spencer Weber Waller, Justice John Paul Stevens Chair, 
  Competition Law, Professor and Director, Institute for Consumer 
  Antitrust Studies, Loyola University Chicago School of Law
  Oral Testimony.................................................    29
  Prepared Testimony.............................................    31

          LETTERS, STATEMENTS, ETC. SUBMITTED FOR THE HEARING

All materials submitted for the record by the Committee on the 
  Judiciary are listed below.....................................    91

An article entitled, ``Brand Safety: What Do Consumers Consider 
  To Be Inappropriate Content?'' Feb. 12, 2024, 
  MarketingCarts.com, submitted by the Honorable J. Luis Correa, 
  a Member of the Committee on the Judiciary from the State of 
  California, for the record
An article entitled, ``A fake tweet sparked panic at Eli Lilly 
  and may have cost Twitter millions,'' Nov. 14, 2022, The 
  Washington Post, submitted by the Honorable Deborah Ross, a 
  Member of the Committee on the Judiciary from the State of 
  North Carolina, for the record
An article entitled, ``Meet the Company Trying to Control Your 
  Mind,'' Aug. 2, 2023, Townhall, submitted by the Honorable 
  Harriet Hageman, a Member of the Committee on the Judiciary 
  from the State of Wyoming, for the record
Materials submitted by the Honorable Jerrold Nadler, Ranking 
  Member of the Committee on the Judiciary from the State of New 
  York, for the record
  An excerpt from the transcribed interview of Robert Rakowitz, 
      Head of Global Media, Mars, Jun. 4, 2024
  A letter to the Committee on the Judiciary, from NewsGuard 
      Technologies, Inc., Jul. 17, 2024

                                APPENDIX

A statement submitted by the Honorable Sheila Jackson Lee, a 
  Member of the Committee on the Judiciary from the State of 
  Texas, for the record

                 QUESTIONS AND RESPONSES FOR THE RECORD

Questions for Spencer Weber Waller, Justice John Paul Stevens 
  Chair, Competition Law, Professor and Director, Institute for 
  Consumer Antitrust Studies, Loyola University Chicago School of 
  Law, submitted by the Honorable Cliff Bentz, a Member of the 
  Committee on the Judiciary from the State of Oregon, for the 
  record
Response to questions from Spencer Weber Waller, Justice John 
  Paul Stevens Chair, Competition Law, Professor and Director, 
  Institute for Consumer Antitrust Studies, Loyola University 
  Chicago School of Law
Questions for Benjamin Shapiro, Editor Emeritus and Co-Founder, 
  The Daily Wire, submitted by the Honorable Cliff Bentz, a 
  Member of the Committee on the Judiciary from the State of 
  Oregon, for the record
Questions for Benjamin Shapiro, Editor Emeritus and Co-Founder, 
  The Daily Wire, submitted by the Honorable Wesley Hunt, a 
  Member of the Committee on the Judiciary from the State of 
  Texas, for the record

 
         COLLUSION IN THE GLOBAL ALLIANCE FOR RESPONSIBLE MEDIA

                              ----------                              


                        Wednesday, July 10, 2024

                        House of Representatives

                       Committee on the Judiciary

                             Washington, DC

    The Committee met, pursuant to notice, at 10:11 a.m., in 
Room 2141, Rayburn House Office Building, the Hon. Jim Jordan 
[Chair of the Committee] presiding.
    Members present: Representatives Jordan, Issa, Gaetz, 
Biggs, McClintock, Tiffany, Roy, Bishop, Spartz, Fitzgerald, 
Bentz, Cline, Armstrong, Van Drew, Moore, Kiley, Hageman, Lee, 
Fry, Rulli, Nadler, Cohen, Johnson, Swalwell, Jayapal, Correa, 
Scanlon, McBath, Dean, Escobar, Ross, Ivey, and Balint.
    Chair Jordan. The Committee will come to order. Without 
objection, the Chair is authorized to declare a recess at any 
time. We welcome everyone to today's hearing on Collusion in 
the Global Alliance for Responsible Media.
    The Chair now recognizes the gentleman from Alabama to lead 
us all in the Pledge of Allegiance.
    All. I pledge allegiance to the Flag of the United States 
of America, and to the Republic for which it stands, one 
Nation, under God, indivisible, with liberty and justice for 
all.
    Chair Jordan. The Chair is now recognized for an opening 
statement. Section 1 of The Sherman Act makes anticompetitive 
restraints of trade illegal. This includes coordinated actions 
that harm consumers by limiting the choices available to 
Americans. That is exactly what the World Federation of 
Advertisers, the Global Alliance for Responsible Media, and 
every company that is a member of these organizations has done 
over the last five years. They came together, agreed to limit 
advertising on certain platforms and news outlets that 
millions, millions of Americans choose to read, watch, and 
listen to.
    How did they do this? WFA members represent roughly 90 
percent of the global advertising spend. That means that WFA 
has almost complete monopoly power over advertising dollars and 
a tremendous amount of market power. GARM, which is an 
initiative of the WFA, includes in its memberships over 100 of 
the world's biggest brands, ad tech providers, and advertising 
agencies. GARM has representatives from each of the six major 
advertising agency holding companies. GARM's steer team, which 
acts as a board of directors for the organization and approves 
nearly every action by the alliance includes Unilever and other 
massive consumer goods companies as well as GroupM, the world's 
largest media-buying agency. They collude to make sure that no 
other advertisers support any news outlets, platforms, or 
creators that these massive companies don't agree with. These 
people do not like conservatives. Again, don't take my word for 
it. Here is what employees at GroupM said to GARM's leader 
about Fox News, The Daily Wire, and Breitbart News. Employees 
from GroupM said ``They hated their ideology.'' That employee 
was discussing how to pull advertising from these news outlets.
    Unfortunately, it is not just GroupM. Unilever encouraged 
Facebook to label one of President Trump's political ads as 
misinformation during the 2020 election which would have caused 
that ad to be removed from Facebook. GARM organized the boycott 
of Twitter when Mr. Musk bought the platform and then they 
bragged about cutting Twitter's revenue by 80 percent. Unilever 
wrote to GARM's leader that the company had ``issues with 
overtly partisan takes by Elon Musk.'' The example Unilever 
gave was Elon Musk's handling of Hunter Biden's laptop story. 
Unilever had a problem with Elon Musk releasing internal 
Twitter documents to journalists and exposing how and why 
Twitter incorrectly suppressed the story about the Biden's 
family influence peddling. It's the Twitter files. GARM and its 
members threatened platforms that don't comply, and the best 
example is Spotify's--Joe Rogan's comment on Spotify, when Joe 
Rogan's comments about the COVID-19 vaccine.
    To be clear, any of these companies could on their own 
legally refuse to advertise on a certain platform or a news 
outlet or with certain content creator. Unilateral decisions 
are not illegal. If they choose to pull advertising from The 
Daily Wire, other similar outlets, they will not be reaching 
millions of Americans who choose to consume that content, but 
their competitors will. In other words, no single company can 
unilaterally pull its advertising dollars off a platform or 
news outlet over a long period of time because that company's 
competitors will advertise and reach the audience, called the 
market.
    Orsted, a Danish renewable energy company explained it 
perfectly when its employees wrote an email to GARM asking when 
the Twitter boycott will end. Orsted told GARM that Twitter 
``is an important platform for us to reach our audience, so we 
would like to consider going back.'' They looked to GARM for 
direction, and they were asking GARM for permission. Frankly, 
that is exactly how cartels operate. They collude against 
conservatives and other outlet platforms and content creators. 
In fact, they come right out and say it. GARM's leader wrote 
that the issue with the advertising industry and digital 
platforms is the ``extreme global interpretation of the U.S. 
Constitution.'' He also complained taking U.S. norms and 
applying them globally is something that is a concern and said 
there is a problem with Americans 230 year old Constitution.
    If WFA and GARM are allowed to continue, these massive 
companies can collude without consequences, the results will be 
devastating. If this cartel continues to target conservative 
outlets, content creators with different voices and viewpoints, 
and any person that does not recite the so-called mainstream 
media talking points, there will be real problems. They will 
deprive these good journalists and content creators of the 
funding they need to succeed. They will use their cartel to 
eliminate competition based on internal biases of these massive 
companies, and they will deprive Americans of the content that 
they actually want to consume.
    With that, I would yield to the Ranking Member for an 
opening statement.
    Mr. Nadler. Mr. Chair, this hearing has nothing to with 
antitrust laws, since the majority's allegations wither under 
even the most basic antitrust analysis. This is instead another 
dangerous effort by the majority to bully companies into 
promoting and supporting far-right extremist views, views that 
brands understandably do not want to be associated with.
    In this case, the majority seeks to undermine companies' 
First Amendment rights and to make it harder for them to avoid 
monetizing online and offline harm through advertising. This 
includes harm like the creation and distribution of 
exploitative images and videos of children, the promotion of 
terrorism and funding the terrorist organizations, the 
promotion and distribution of foreign propaganda materials, and 
the promotion and distribution of racist, hateful, and 
discriminatory content.
    Under the majority's theory of supposed antitrust harm, 
advertisers who do not want their expensive ad campaigns placed 
next to hate speech, pirated copyrighted material, foreign 
propaganda, and other harmful content are, quote, ``colluding 
to demonetize so-called conservative content.''
    Under the majority's theory, the only way to cure this 
alleged harm would be for advertisers to be forced to run ads 
on platforms like Twitter, now known as X; Truth Social, 
Breitbart, and The Daily Wire, even though those sites are rife 
with adult content, hate speech, false information, 
misinformation, racist, and violent propaganda.
    Further undermining this frame of harm, the so-called 
victims of this made-up scheme are well supported by ad 
revenue, subscriber revenue, and sales revenue. Take The Daily 
Wire, the media outlet run by Republican witness Ben Shapiro. 
Its website generated $220 million last year. It shows the 13th 
most popular podcast in the first quarter of 2024. His website 
is over 15 million followers, of course, his main social media 
handles, including onsites that are members of the Global 
Alliance for Responsible Media, known as GARM, the target of 
today's hearing.
    The Daily Wire ``receives more likes, shares, and comments 
on Facebook,'' which we should note is a member of GARM and any 
other news publisher by a wide margin in 2021. Even the video 
link Mr. Shapiro claims to be the victim of global advertising 
organizations which is self-supported by advertising revenue 
and is available on YouTube, a member of GARM. This hardly 
sounds like the victim of a conspiracy to suppress content.
    Mr. Shapiro's content is not alone. Many so-called 
conservative brands have made notable gains and corporate 
reputation among consumers, and several brands who call 
themselves antiwoke, invented the market to cater to customers 
who wish to vote with their wallet. Advertisers have the right 
to target their ads to the platforms, websites, and venues they 
choose. By forcing advertisers to run ads on websites that they 
deem to contain harmful information and content, the majority 
would be undermining those companies' right to free speech 
under the First Amendment. It is also an essential tenet of a 
free market that companies are not forced to do business with 
anyone. Indeed, a competitive online environment is necessary 
for advertisers to easily choose where and how their ads are 
rolled out.
    Historically, this Committee has worked hard to protect 
consumers, ensure a free and fair market, and push back on 
corporate abuse, greed, and malfeasance. We have advanced 
bipartisan bills to combat market concentration from online 
platforms to drug pricing. We did all this because we took our 
jobs seriously to protect competition in the marketplace. We 
understood the unique importance of the Federal antitrust laws, 
not as a weapon to use against our political opponents, but as 
an essential component of the American social contract.
    Unfortunately, this majority has picked a different 
direction. Under the direction of the Chair, the Committee is 
abusing its oversight authority. Republicans are so committed 
to the belief that ``conservative content'' is being censored 
despite all evidence to the contrary, that they will do 
anything to undermine the efforts of platforms to moderate 
their own content which the Supreme Court recently affirmed is 
an exercise of their First Amendment rights, governments to 
communicate with platforms about security threats, online and 
offline crime and terrorist and mis- and disinformation that 
threatens our Nation's health and democracy, and companies to 
choose where and how to advertise their product.
    This hearing is the result of a 15-month investigation that 
has resulted in over 37 productions to the Committee of more 
than 175,000 pages and one transcribed interview. I can only 
assume that the reason the majority did not ask GARM, the main 
target of this investigation, to send a witness here today, is 
that the majority knows there is no evidence to support their 
claim of wrongdoing. Their investigation was not designed to 
uncover unlawful behavior because they knew there was none. 
Instead, it was designed to chill companies' exercise of their 
First Amendment rights. It was designed to make companies 
afraid to speak to each other about the real connection between 
the online monetization of criminal and harmful content and the 
funding of offline harm.
    Make no mistake, the companies represented here today and 
the others that are part of GARM want first and foremost for 
customers to see their ads where and when they expect them and 
to make purchases based on those ads. Second, and importantly, 
they do not want their expensive ad campaigns to fund people, 
(1) who pirate content; (2) who promote and execute terrorist 
acts; (3) who make and distribute harmful and exploitative 
images of children; and (4) others who use the internet to 
distribute and fund crime.
    Republicans are so determined to prove their conspiracy 
theory that conservative content is being censored that they 
would do anything, including launching a fruitless and harmful 
investigation, to bully companies that do not hold their views. 
Hopefully, we will get back to doing the serious work of the 
American people very soon and not continue to waste taxpayer 
dollars on fishing expeditions designed to help hate and 
criminal activity spread on- and offline.
    I thank the witnesses who are appearing today, and I yield 
back the balance of my time.
    Chair Jordan. The gentleman yields back. Without objection, 
all other opening statements will be included in the record.
    We now introduce today's witnesses.
    Mr. Christian Juhl is the Global CEO of GroupM, one of the 
world's largest media-buying agencies with more than $60 
billion in annual media spending. GroupM's agencies and 
subdivisions include Mindshare, Wavemaker, EssenceMediacom, 
T&Pm, and others.
    Mr. Herrish Patel is the President of Unilever USA and CEO 
of Unilever's Personal Care North America Division. As CEO of 
Personal Care North America, Mr. Patel oversees brands 
including Dove, Degree, and Axe, among others.
    Mr. Benjamin Shapiro is the host of the Ben Shapiro Show, a 
daily political podcast and radio show. He is also the editor 
emeritus of The Daily Wire which he co-founded in 2015. Mr. 
Shapiro has written a number of books on current events, and 
routinely speaks at conferences, colleges, and universities. If 
you can believe what the Ranking Member said, has a website 
that generates $220 million a year, the 13th most popular 
podcast and 15 million followers. Imagine what he could do if 
GARM wasn't targeting The Daily Wire.
    Finally, we have Mr. Spencer Waller is the Justice John 
Paul Stevens Chair in Competition Law, Professor and Director 
of the Institute for Consumer Antitrust Studies at Loyola 
University, Chicago School of Law. Professor Waller's courses 
and research is focused on antitrust, class actions, 
innovation, and intellectual property.
    We welcome our witnesses and thank them for appearing 
today. We will begin by swearing you in. Would you please rise 
and raise your right hand?
    Do you swear or affirm under penalty of perjury that the 
testimony you are about to give is true and correct to the best 
of your knowledge, information, and belief so help you God?
    Let the record reflect that the witnesses have answered in 
the affirmative. Thank you.
    Please be seated. Please know that your written testimony 
will be entered into the record in its entirety. Accordingly, 
we ask that you summarize your testimony in five minutes.
    Mr. Juhl, we will begin with you.

                  STATEMENT OF CHRISTIAN JUHL

    Mr. Juhl. Chair Jordan, Ranking Member Nadler, and the 
Members of the Committee, thank you for the opportunity to 
appear before you today. My name is Christian Juhl. I am the 
Global Chief Executive Officer at GroupM, a media investment 
company.
    In simple terms, we buy ad space across channels including 
television, digital, and print. Our clients place ads within 
that space. Brands tell us the message they want to share from 
the audience they want to target. We then advertise on which 
media environments would be best suited for the product and buy 
ad space on those channels on the brands' behalf. Collectively, 
brands invest billions of dollars in advertising annually to 
shape how they are perceived. One of the marketer's biggest 
fears is that years of brand value could evaporate overnight as 
a consequence of bad ad placement. Companies spending millions 
of advertising dollars do not want to risk their brand on a 
strategy that could backfire. Brands consistently inform us, as 
their agency, that they do not want to advertise next to hot 
button or divisive content. They want predictable, reliable 
environments.
    In 2017, news outlets reported that major brands were 
unwittingly advertising next to ISIS propaganda. 
Unsurprisingly, they faced significant consumer push back. 
Brands also had to contend which reports of Russian troll 
farms, infiltrating platforms to disrupt Presidential 
elections. Most recently, brands had to develop advertising 
strategies in the context of a pandemic that divided Americans. 
This resulted in a growing emphasis on brand suitability or 
market fierce desire to protect a brand's value by ensuring 
their ads are not placed adjacent to content that could 
negatively affect their reputation.
    Brand suitability is particular to each brand. What is 
unsuitable to one may be perfectly suitable to another. All 
brands generally agree they do not want to appear next to 
illegal or harmful content. Many also seek to avoid ad 
placements near content that while not illegal does not align 
with their values. With the increasing focus on brand 
suitability, brands wanted to better understand how publishers 
were identifying, prohibiting, and removing harmful content. 
What they found was every platform took a different approach. 
Definitions of harmful content also varied. Without consistent 
standards, companies were concerned their ads would end up 
appearing in unsuitable environments.
    We believe that consistent standards were needed to help 
our clients connect with consumers which is why we and other 
organizations came together to establish the Global Alliance 
for Responsible Media, or GARM. GARM developed standard 
definitions of content that brands might consider unsuitable so 
that advertisers and publishers could speak the common language 
about sensitive content. Adoption of GARM's definitions is and 
always has been completely voluntary.
    For GroupM's part, we follow our clients' ad placement 
wishes according to their risk tolerances and priorities. These 
priorities can shift quickly. It is our job to execute their 
strategy with speed and precision. We leverage GARM's 
definitions to provide our clients with a consistent, reliable 
framework. GroupM is not the arbiter of how to categorize 
websites nor do we want to be. Because we have no control over 
publishers and no role in moderating content, we also rely on 
independent third parties to identify domains with those 
definitions and additional categories that our clients deem 
unsuitable.
    Among other things, those third parties consider media 
platforms fact-checking resources, processes, and technologies 
when they evaluate the risks placing content.
    That third-party assessment informs where we will place ads 
including the sites to which we will not place ads without 
specific client request. Of note, approximately 94 percent of 
those websites are prescribed because they infringe on IP 
rights.
    This Committee expressed an interest in advertising on 
certain news platforms. We appreciate the importance of funding 
news organizations through advertising, which is why we have 
taken steps to make advertising in news, including local news, 
more appealing to advertisers. Today, however, trust in news 
sites is at a low point and brands generally disfavor 
advertising next to news. For example, only 1.28 percent of 
brand spend is allocated to online news at this point. This is 
because brands prefer to avoid advertising alongside common 
news content or scandal, political division, and also because 
they do not need to advertise there to reach their target 
audience. Alternatives such as sports and entertainment provide 
a better way to reach these same consumers. This is not a left, 
right, or GroupM preference. It is apolitical. It is an 
industry-wide preference.
    GroupM has no interest in impinging on anyone's rights to 
speak or publish their points of view. We also believe 
companies have the right to choose where they place their 
advertisements. We all know how one bad ad placement can damage 
a company's reputation and bottom line which is why brands and 
the companies like GroupM that serve them need tools and 
transparency to mitigate these risks.
    Thank you. I look forward to answering your questions.
    [The prepared statement of Mr. Juhl follows:]
    [GRAPHICS NOT AVAILABLE IN TIFF FORMAT]
    
    Chair Jordan. Thank you, Mr. Juhl.
    Mr. Patel, you are recognized. Make sure that the mic is on 
and pull it real close. We can get someone to help you there. 
OK. Thank you. There you go.

                   STATEMENT OF HERRISH PATEL

    Mr. Patel. Chair Jordan, Ranking Member Nadler, and the 
Members of the Committee, thank you for the opportunity to be 
here today to discuss Unilever's approach to purchasing 
advertising that promotes over 400 different brands, used by 
more than three billion people every day, in more than 190 
countries around the world.
    Unilever takes great care to ensure that our advertisements 
reach the consumers who use our products, promote our products 
and brands, and serve our business goals of offering consumers 
the brands they know and trust for their everyday needs. In 
making decisions on advertising, Unilever uses its advertising 
dollars to reach as many consumers as we can in an environment 
that maximizes sales for our products.
    Currently, about 80 percent of our U.S. advertising spend 
is directed in some form of digital media. We spend the most on 
digital commerce platforms like Amazon, Walmart, Target, and 
Walgreens because that is where consumers are making their 
buying decisions. Only 20 percent of Unilever's advertising 
spending goes to social media platforms and less than one 
percent goes to digital news. We want to reach all our 
consumers to use our brands on platforms that support and align 
with our brand. Conversely, being associated with content or a 
platform that detracts from our brands, harms our brands, or is 
inconsistent with our brands is decidedly not in our economic 
interest.
    With the use of user-generated social media content and 
other online media, we have unfortunately seen repeated 
instances where our brands have been associated with content 
that is harmful to our brands. One earlier example, ads for 
Dove soap were appearing adjacent to content glorifying 
domestic violence and rape. In 2020, we suspended social media 
advertising when it became clear that the polarizing content 
would not serve the brands or add value to the brand spaces in 
the market.
    I want to be very clear on one crucially important fact. 
Unilever and Unilever alone controls our advertising spending. 
No platform has the right to our advertising dollars. As we 
look across the available advertising inventory, recognizing we 
do not have unlimited money to spend on advertising, we choose 
the channels, the platforms, and the outlets that give us the 
greatest commercial benefit for our advertising investments.
    We have internal policies and guides on our decisions. Our 
policies require our advertisement to be truthful, accurate, 
and transparent. In 2018, we adopted a Responsibility 
Framework, specifically for digital advertising focusing on 
advertising toward responsible platforms, responsible content, 
and responsible infrastructure. We have a dedicated team of 
professionals who are constantly examining the advertising 
marketplace, working with platforms, selecting the platforms 
that meet our business needs.
    We also work with the industry including the Global 
Alliance of Responsible Media. GARM arose after leading 
advertisers observed that ads for their brand name products 
were appearing alongside despicable content. GARM's Brand 
Safety floor and Suitability Framework are tools to help 
platforms communicate clearly about the content they will 
monetize, and to assist advertisers and agencies in making 
decisions about advertising inventory that they will purchase.
    Although we have made good progress in ensuring that our 
digital advertising spend is advancing our brands' business 
objectives, there is still more work to be done. As recently as 
two years ago, Unilever received notice that certain ads from 
brands had been unknowingly placed adjacent to social media 
profiles involving selling and soliciting child sexual abuse 
material. This is wholly unacceptable.
    We must do everything in our power as both advertisers and 
platforms that ensure our advertising dollars are serving the 
intended purpose of reaching consumers and promoting our 
brands, not funding hate and harm. I would be happy to respond 
to your questions. Thank you.
    [The prepared statement of Mr. Patel follows:]
    [GRAPHICS NOT AVAILABLE IN TIFF FORMAT]
    
    Chair Jordan. Thank you, Mr. Patel.
    Mr. Shapiro, you are recognized for five minutes.

                    STATEMENT OF BEN SHAPIRO

    Mr. Shapiro. Chair Jordan, Ranking Member Nadler, the 
Members of the Committee, good morning. First, Ranking Member 
Nadler, I appreciate the kind words about our business. It is 
very kind of you and, also, I assume we would be doing a lot 
better without the institutional obstacles that I am about to 
discuss.
    We are in the midst of a trust crisis in the world of 
media, which is because so many in the legacy media have lied 
to preserve left-leaning narratives. To take the most recent 
example, we were told by the legacy media that President Biden 
was just fine. For years, anyone who questioned his health and 
mental health was trafficking in cheap fakes.
    Then, President Biden went out and engaged in a full-scale 
mental collapse on stage in front of hundreds of millions of 
people. So, we can see why Americans, at least Americans who 
are not Democrats, do not trust the media.
    The question isn't really why the legacy media have lost 
Americans' trust. We know that answer. The question is why 
despite that loss of trust, the legacy media continue to gain 
share in the advertising market. The answer is simple. There 
is, in fact, an informal pressure system created by Democratic 
legislators, this White House, legacy media, advertisers, and 
pseudo-objective brand safety organizations. That system 
guarantees that advertising dollars flow only to left-wing 
media brands. Let me explain how this works.
    When a conservative competitor to the legacy media arises, 
members of that legacy media and their political allies rush to 
paint such competitors as dangerous. The commentator Kara 
Swisher of The New York Times, for example, told the head of 
YouTube that my videos of The Daily Wire were a ``gateway 
drug'' that would lead children, including her own teenage son, 
the watch Neo-Nazi content, never mind the yarmulke.
    Elected Democrats pick up that same messaging. In 2017, 
Senator Dianne Feinstein told lawyers at Facebook, Google, and 
Twitter,

        You created these platforms and now they are being misused. And 
        you have to be the ones to do something about it or we will.

    Social media companies react to incentive structures 
including threats. They have responded by adopting the 
standards of third-party left-wing informational safety groups 
like the Global Alliance for Responsible Media, or GARM. GARM 
purportedly sets brand safety standards, objective standards, 
by which advertisers and platforms can supposedly determine 
just what sort of content ought to be deemed safe for 
advertising. In reality, GARM acts as a cartel. Its members 
account for 90 percent of ad spending in the United States, 
almost $1 trillion. In other words, if you are not getting ad 
dollars from GARM members, it is nearly impossible to run an 
ad-based business. If you are not following their preferred 
political narratives, the ones that Kara Swisher and Dianne 
Feinstein would follow, you will not be deemed brand safe. Your 
business will be throttled.
    We at The Daily Wire have experienced this first-hand. In 
2017, after Senator Feinstein made her threats to bring the 
weight of government down on social media platforms, The Daily 
Wire YouTube channels saw a one thousand percent increase in 
content enforcements over a two-year period. Since 2021, after 
Democrat officials further turned up the heat on social media 
companies, my personal Facebook page has seen an over 80 
percent drop in impressions.
    Or take Joe Rogan. When Joe said that he had taken 
ivermectin after getting COVID, White House Press Secretary Jen 
Psaki pressured Spotify to take action, stating,

        We want every platform to be doing more to be calling out mis- 
        and disinformation, while also uplifting accurate information.

Spotify complied. Spotify, of course, works with GARM.
    So, what are the brand safety standards that GARM uses? The 
standards begin with inarguable things that we have heard from 
the other witnesses like preventing distribution of child 
sexual abuse material or stopping terrorism. GARM doesn't draw 
the line of what is criminal, abusive, or dangerous. Their 
standards also include restrictions on hate speech, harassment, 
misinformation, or my personal favorite, insensitive, 
irresponsible, and harmful treatment of debated sensitive 
social issues. Those criteria are highly subjective in theory, 
and they are purely partisan in practice. For example, last 
year The Daily Wire host Matt Walsh was fully demonetized on 
YouTube--a GARM member. Why? For quote, ``Misgendering, which 
to GARM is to say that men are not women.`` Perfectly obvious 
facts now run afoul of GARM's censorship standards.
    Companies targeted by GARM like The Daily Wire, Breitbart, 
Fox News, and so many others, reach hundreds of millions of 
people with opinions and beliefs long established as within the 
mainstream of American conservative thought. GARM and its 
members have no respect for the beliefs of those people. They 
want them marginalized or squashed.
    It is time to stand up for the First Amendment in this 
Congress. Congress can do so in two ways.
    First, Congress must investigate the informal and perhaps 
formal arrangements between censorship cartels like GARM and 
Executive Branch agencies. The Daily Wire has already filed a 
Federal lawsuit against the State Department for allegedly 
doing just this.
    Second, Congress can itself stop engaging in violation of 
free speech principles. Two weeks ago, writing in dissent in 
Murthy v. Missouri, Justice Alito condemned what he called 
sophisticated and coercive government campaigns against free 
speech.
    Members of this Committee have engaged in precisely such 
campaigns. When Congressman Schiff speaks about targeting 
social media companies that must be ``pulled and dragged into 
this era of corporate responsibility because they are too 
tolerant of misinformation,'' he knows what he is doing. He is 
participating in a sophisticated coercive campaign against free 
speech. When Congresswoman Jayapal blames social media for 
placing America at the ``precipice of a democratic crisis,'' 
and calls on them to target those they deem hate groups, she 
knows what she is doing. She is participating in a 
sophisticated coercive campaign against free speech. When 
Congressman Hank Johnson says, ``We need a Constitutional 
Amendment to allow the legislature to control the so-called 
free speech rights of corporations,'' he also knows what he is 
doing.
    We all know what these government actors, what some people 
in this room are doing. You are using the tacit threat of 
government action to compel private companies to throttle 
viewpoints you don't particularly like. The First Amendment was 
not designed to enable work arounds by elected officials. It 
was directed at Congress, at you and you abdicating your 
fundamental duty when you exert pressure on private companies 
to censor speech. Some in this room have been doing just that 
for years. We in the nonlegacy media have been feeling the 
effects. In the name of the Constitution and in the name of 
democracy, this should stop.
    [The prepared statement of Mr. Shapiro follows:]
    [GRAPHICS NOT AVAILABLE IN TIFF FORMAT]
    
    Chair Jordan. Thank you, Mr. Shapiro.
    We now recognize Professor Waller.

               STATEMENT OF SPENCER WEBER WALLER

    Mr. Waller. Thank you.
    Chair Jordan, Ranking Member Nadler, the Members of the 
Committee, thank you for the opportunity to present my views to 
you today.
    I am speaking solely in my personal capacity. I do not 
represent GARM or any of its member firms.
    I am concerned that the antitrust issues relating to 
today's hearings and the letters and document requests sent to 
the various companies do not conform to a consensus 
understanding of U.S. antitrust law by most courts and 
commentators.
    I only have access to publicly available information. So, I 
cannot opine on whether there is or is not any specific 
antitrust violation. Instead, I present a roadmap of the many 
antitrust issues that would need to be addressed in a serious 
way before any real antitrust concerns exist in this matter.
    It's important to note that most members of GARM do not 
compete with each other, and each has unique needs for 
marketing and branding, including, as the other witnesses have 
already testified, having effective marketing campaigns and 
doing their best to avoid any harmful associations that damage 
their brand or simply drive away purchasers.
    With respect to the diverse coalition of firms in GARM, for 
example, Microsoft does not compete with McDonald's; Proctor & 
Gamble or Unilever don't compete with Shell, a pharmaceutical 
company, or GroupM. Also, these firms do not generally compete 
with content providers, such as Mr. Shapiro.
    Now, the activities of GARM do not appear from publicly 
available information to be a cartel, as that term is 
understood in antitrust law. Cartels are a serious concern of 
antitrust laws, but they normally involve an agreement between 
competitors to fix prices, rig bids, limit production, divide 
markets, or otherwise interfere with quality production and 
innovation.
    Instead, what we're talking about is the development of 
terms and definitions. They call it a lexicon. It is in some 
ways sort of like a dictionary. These terms do not affect the 
price, production, or quality of the goods and services sold by 
the members of GARM. Advertisers, media buyers, advertising 
agencies may or may not rely on the GARM terminology and may 
adopt any other criteria to determine how and where to place 
advertising.
    This is done in a public process. Everything is published 
and available to you. This is very different from the secretive 
processes by which traditional cartels meet to create and 
enforce their unlawful agreements.
    In addition, there are on its face legitimate business 
justifications that the firms would be asserting, including 
protecting GARM images and successful marketing strategies. 
These are two types of business justifications that are 
routinely considered in antitrust cases.
    Characterizing GARM's conduct as a boycott doesn't really 
change the antitrust analysis in any important way. Group 
boycotts are only per se unlawful when they're used to 
implementing some otherwise unlawful cartel agreement or where 
firms with market power collectively deny a competitor access 
to some key source of supply it needs to survive.
    Separate from the traditional antitrust analysis that I've 
outlined in my opening statement and in my remarks in my 
witness statement, the First Amendment and the interest of free 
expression also limit the application of antitrust laws in 
important ways.
    The Noerr-Pennington doctrine immunizes conduct that seeks 
to influence government action and public policy through a 
variety of techniques, including publicity campaigns. In short, 
an agreement by firms, if there is an agreement, is not an 
antitrust violation if it's designed to influence governmental 
action at any level of the government--Federal, State, local, 
Legislative, Judicial, or Executive Branch.
    In addition, the Supreme Court and the lower courts have 
shown a separate and special caution for applying the antitrust 
laws to impose liability for political and social boycotts, 
even if that's what's going on, even if there is a degree of 
economic self-interest by the groups conducting the boycott.
    One example is that the Supreme Court has held that the 
First Amendment protects a civil rights boycott of White 
merchants in Mississippi by the NAACP, even though some other 
businesses may well have prospered or done more business 
because of that boycott.
    So, the Committee's expressed concerns over the conduct 
examined today are not consistent with the consensus view of 
the antitrust law set forth in the leading cases. I agree with 
the Chair that an individual decision to do business or not to 
do business is not covered by Section 1 of the Sherman Act.
    However, in addition to the lack of the other issues and 
evidence from the publicly available information, there are 
significant First Amendment implications raised by the actions 
of GARM, and these First Amendment issues suggest that, even if 
the antitrust laws were fully justified and every issue in the 
antitrust roadmap were satisfied, there would be a plausible 
argument that the conduct was protected as a matter of speech 
and free implication.
    I'm running out of time, but I also want to suggest that 
the policy implications of imposing antitrust liability in 
these circumstances should be quite concerning, regardless of 
one's political views. A leading treatise published by the ABA 
Antitrust Section states,

        Boycotts are a common instrument for bringing about social 
        change or advancing political, religious, or other 
        noncommercial goals.

    Using the antitrust laws to challenge expressive conduct 
can interfere with commonplace forms of advocacy that are used 
by consumers, religious groups, political groups of all policy 
and persuasions. As a result, I do not see any benefit from 
further legislative action on these issues.
    [The prepared statement of Mr. Waller follows:]
    [GRAPHICS NOT AVAILABLE IN TIFF FORMAT]
    
    Chair Jordan. Thank you, Professor.
    We will now proceed under the five-minute rule with the 
questions.
    The Chair recognizes the gentleman from California for five 
minutes.
    Mr. McClintock. Thank you, Mr. Chair.
    I find myself a bit conflicted. I agree with both Mr. 
Waller and Mr. Shapiro on matters that they've mentioned.
    First, no matter how much gaslighting we have heard this 
morning, it is clear to me from the internal communications in 
the Committee's Report that GARM's objectives are clearly 
political--to use its influence among its Members to suppress 
free speech and to financially harm outlets in which the 
leadership disagrees. I don't see any other reading of those 
communications that reaches any other conclusion.
    It is a manifestation of the ESG movement that has 
financially harmed so many companies that practice it. There is 
a huge economic price to be paid for this conduct. ``Go woke, 
go broke'' is more than just a slogan. It is an economic fact. 
Ask Disney; ask Bud-
weiser.
    They pay--the companies, in GARM's case, are risking 
missing huge swaths of the market that they are seeking to 
reach. They pay a premium for ads in the forums. They 
deliberately saturate it. They miss bargains in the forums that 
they are--I'll use their word--``throttling.'' They risk 
alienating the consumers on whom they rely for profits.
    I was a devoted, lifelong Gillette consumer until they 
launched their ``Men are pigs'' campaign in 2017. I haven't 
bought a Gillette product since. That is their right as a 
company to alienate me as a consumer, and it is my right as a 
consumer to be alienated.
    Now, if I were a stockholder in GARM's member companies, I 
would be absolutely livid. I would either be rising hell in 
stockholder meetings or withdrawing my investments, or both. If 
I were a manager in any of these companies, I would be livid 
also and I would be canceling my membership in GARM with a 
strong letter to follow.
    Here's the fine point of the matter: That is a beef between 
the company's stockholders and their management. It is a beef 
between GARM's member companies and GARM. It is a beef between 
those companies and their consumers. It is not a beef between 
GARM or its member companies or their stockholders and 
consumers and this government. People have a right to their 
opinions and to express those opinions in any peaceful manner 
that they choose.
    Companies are simply a collection of people gathered 
together to pool their resources toward a common goal, whether 
it is to make money or advance a political cause, or both.
    It is a little amusing to see that the Democrats suddenly 
champion this freedom because, in GARM's case, it benefits 
them, but rail against the very same freedom when it comes such 
matters as Citizens United. For the left, their ethics are 
strictly situational. As I have often warned on this Committee, 
we can never allow them to become our teachers.
    Democracy extends beyond the political realm to the free 
market as well. In a free market, consumers vote every day with 
every dollar they spend on what the market will produce; who 
best produces it; what they are willing to pay, and who they 
will buy it from.
    A free government exists to protect this right. That is why 
I think we should be careful when we tread into this matter in 
the application of government power in disputes that are 
strictly between private parties.
    I do think Mr. Shapiro is absolutely correct that, if this 
government is in any way acting to pressure or nudge companies 
to censure speech or to corrupt their business decisions for 
political ends, we ought to vigorously act to stop that. If 
they are just doing that to themselves, that is their right to 
make stupid decisions, and government also exists to protect 
that right.
    Mr. Shapiro, I will give you the last word.
    Mr. Shapiro. I agree with much of what you're saying. I 
think that the big concern for The Daily Wire and companies 
like ours is the nexus between governmental action and groups 
like GARM. It appears clear to us that a well-meaning 
organization that simply wanted to appeal to the broadest 
possible audience would not be making political decisions about 
which outlets are too right or which outlets are too left.
    I'm perfectly fine with advertisers advertising on Pod Save 
America or on MSNBC. The problem that we have is an informal 
structure by which members of government, including this White 
House, have pressured social media companies to restrict their 
content. Everyone can see that.
    There's a lot of ``Will no one rid me of this, of this 
meddlesome priest going on?'' from members of the government 
who, then, seem to be shocked when there's pushback from the 
right on exactly the same sort of matter.
    Mr. McClintock. Thank you, Mr. Chair. I yield back.
    Chair Jordan. The gentleman yields back.
    The Ranking Member is recognized for five minutes.
    Mr. Nadler. Thank you, Mr. Chair.
    Mr. Patel, has the Global Alliance for Responsible Media 
ever required that your company Unilever avoid advertising on 
any platform or website?
    Mr. Patel. No, sir.
    Mr. Nadler. Mr. Juhl, same question: Has the Global 
Alliance for Responsible Media ever required GroupM to avoid 
advertising on any platform or website?
    Mr. Juhl. No, sir.
    Mr. Nadler. Mr. Juhl, has your company's participation in 
the Global Alliance for Responsible Media ever restricted your 
company's advertising decisions in any way?
    Mr. Juhl. No. It's completely optional.
    Mr. Nadler. Excuse me?
    Mr. Juhl. GARM is completely optional.
    Mr. Nadler. Thank you.
    Mr. Patel, the same question to you.
    Mr. Patel. Yes, it's completely voluntary.
    Mr. Nadler. Professor Waller, one of the goals of the 
Global Alliance for Responsible Media is to avoid having 
companies' advertising dollars funding online and offline harm, 
like the creation and dissemination of commercially 
exploitative and explicit images of children or the funding of 
terrorism groups, or the promotion and dissemination of 
explicit images and depictions of crime outside of news story 
and reporting.
    Is there any U.S. law that requires companies to advertise 
on every website and every platform?
    Mr. Waller. No, there's not. The company can individually 
choose to do business or not do business with an advertiser or 
an advertising agency or a platform.
    Mr. Nadler. Is there any law that requires companies to 
support, through advertising dollars, speech, content, or 
statements that they don't believe in?
    Mr. Waller. There's no antitrust law that deals with that.
    Mr. Nadler. What would be the consequences if there were?
    Mr. Waller. I can say that the Supreme Court has expressed 
concern and not imposed liability. They typically don't force 
companies to do business with each other if they don't wish to. 
They're, frankly, more concerned about cartel agreements and 
the other thing, rather than forcing companies to continue to 
do business if they don't wish. They wish to encourage 
unilateral decisions about how to proceed in the real world as 
each company thinks best.
    Mr. Nadler. That's what the Supreme Court has said?
    Mr. Waller. Yes.
    Mr. Nadler. What do you think about the--forgetting the 
Supreme Court for the moment, what do you think about the 
effects of such a law?
    Mr. Waller. We want companies--the antitrust laws really do 
a couple of things. They prevent agreements that unreasonably 
harm competition. They prevent single firms from abusing their 
power, and they prevent mergers and acquisitions that can lead 
to either of those other problems I've already outlined. That's 
what the antitrust laws do. They don't generally micromanage 
the decisions of corporations as they decide what's best for 
them in the market.
    Mr. Nadler. Thank you.
    Mr. Chair, I must note, once again, that this sham 
investigation has revealed that these companies have broken no 
competition law. The investigation never should have started, 
but it certainly should have ended after the Committee spoke to 
a representative of GARM and learned exactly what we all should 
know by now: There is no basis for a claim of antitrust harm.
    That does not mean that this investigation is harmless. The 
Committee's power has been used to bully, intimidate, and 
impoverish any organization or company that dares to disagree 
with so-called ``conservative speech,'' in quotes--``speech 
that in many cases causes and spreads harm both online and 
offline.''
    I believe that is exactly the purpose of this 
investigation--to misuse the power of this Committee to bully, 
intimidate, and impoverish any organization or company that 
dares to disagree with so-called ``conservative speech.'' In 
other words, to intimidate the exercise of free speech, to 
impoverish organizations, to improperly use the power of this 
Committee to force organizations to spend themselves into 
poverty, and thereby, to inhibit and deter exercise of free 
speech. This is a gross misuse of the power of this Committee.
    We have an opportunity, Mr. Chair, to have a constructive 
conversation about antitrust law and how we can help the 
American people, but, unfortunately, this hearing is not it. 
This hearing is an exercise in intimidation of free speech and 
it's shameful.
    I yield back.
    Chair Jordan. The gentleman yields back.
    The gentleman from Arizona is recognized.
    Mr. Biggs. Thank you, Mr. Chair.
    I thank the witnesses for appearing here today.
    Mr. Juhl and Mr. Patel, your companies and your clients--
you, as an individual company, both sit on the Steering 
Committee for GARM, is that correct?
    Mr. Patel. Yes, sir.
    Mr. Juhl. Yes.
    Mr. Biggs. With the Steering Committee, there's been a 
number of standards that have been developed by GARM. Mr. 
Patel, you mentioned your company Unilever has developed its 
own set of standards. Have you adopted the standards of GARM as 
part of your standards as well in advertisement placement?
    Mr. Patel. Well, first, Unilever created its own standards 
in 2018, and then, there was an industry need to create some 
standardization, which is what GARM was born for in 2019.
    Mr. Biggs. My question was, though, do you, did your 
company adopt those GARM standards from 2019?
    Mr. Patel. We adopt the GARM standards.
    Mr. Biggs. OK. Mr. Juhl, how many of your clients have 
adopted the GARM standards?
    Mr. Juhl. GARM exists to create the framework and the 
definitions that we use--
    Mr. Biggs. So, this is--well, we get that. I've read your 
statement. How many of your companies--yes, how many companies 
do you represent?
    Mr. Juhl. We represent thousands.
    Mr. Biggs. How many of those companies have accepted and 
adopted the GARM standards?
    Mr. Juhl. I couldn't give you an exact number, but I would 
tell you most of our major advertisers use GARM as a 
foundation, and then, we build on that for whatever their 
custom preferences are for whatever their particular 
suitability might be.
    Mr. Biggs. OK. Do you get--as part of the Steering 
Committee, do you have regular discussions with GARM and its 
leadership, of which you're a part, regarding placement of 
advertisements?
    Mr. Juhl. I do not meet standards--I do not meet with GARM 
on a regular basis. I've actually never met with them.
    Mr. Biggs. Your company?
    Mr. Juhl. Oh, the company would, yes.
    Mr. Biggs. OK. Mr. Patel?
    Mr. Patel. The company with me, but we 100 percent decide 
where our marketing investment goes. That's Unilever's 
decision.
    Mr. Biggs. So, Mr. Rakowitz, who works for GARM, is their--
he's kind of the face of GARM in some respects. Have you, 
either of you or your company dealt with Mr. Rakowitz in 
communicating about advertisement placement and subject matter?
    Mr. Patel. I haven't met Mr. Rakowitz, but we have a member 
that sits on the Steering Com.
    Mr. Biggs. Yes. OK. So, let's get to that for a second. In 
2020, Rob Master, Vice President of Media and Digital 
Engagement at Unilever, sent an email to Facebook about a 
Presidential ad, and he was concerned about it violating the, 
the Facebook policies. Are you familiar with that situation, 
Mr. Patel?
    Mr. Patel. I wasn't part of the communication, but I have 
seen the communication that you're referring to, and I think 
what I interpret from it, he was checking what was Facebook's 
policy on it.
    Mr. Biggs. I find it interesting the way you couched that. 
You were checking what Facebook's policy was. Weren't you 
really, your staff really checking to see if it was consistent 
with your own, with your own policy, I would assume, right?
    Mr. Patel. No, sir. We don't decide on what media content 
goes up or goes down. That's up to the media platforms to 
decide.
    Mr. Biggs. So, but when you're looking for an ad safety 
placement, you're not concerned, then, whether that was 
consistent with Facebook's policy? You're just, basically, 
inquiring about Facebook's policy and not concerned with your 
own policy of placement?
    Mr. Patel. What we do is, we decide all our marketing 
investment. We'll decide on target audiences where we want our 
brands to appear.
    Mr. Biggs. So, why were you inquiring whether that was a 
violation of Facebook's policy?
    Mr. Patel. So, I'm not clear on why Rob Master sent that 
communication, but, as I said, we decide where we want to put 
our ads, whichever social media.
    Mr. Biggs. Of course, of course. I appreciate that you 
decide where you place your ads. The question, though, is, why 
are you, then, going to Facebook and saying, ``Does this ad 
meet your criterion?'' Because that indicates you're trying to 
influence Facebook.
    In reality, your position is we're going to place it 
wherever we think is best. There's an ad over here, a specific 
ad, that you're asking, ``does that meet your policy?'' That 
seems to intimidate. That seems to imply that you want to 
question their policy, their place, and what their platform is 
doing, before you bother to place your ad.
    You didn't do it that way. You just wanted to know whether 
it met their policy. You didn't say, ``We're not going to do it 
because we don't like it.'' That indicates that you're 
interfering in YouTube's policy decision.
    I yield.
    Chair Jordan. The gentleman yields back.
    The gentlelady from Washington is recognized.
    Ms. Jayapal. I really like my colleague on the other side, 
but I did not understand that argument.
    Antitrust enforcement is experiencing a real renaissance 
under the Biden Administration. Our antitrust enforcers have 
won victories in court against employers that sought to 
suppress worker pay; successfully fought to lower the price of 
inhalers and are working to lower food prices by targeting 
anticompetitive practices in the grocery industry. The list of 
antitrust accomplishments under this Administration is 
unprecedented, and the American people have noticed.
    It is unfortunate that this majority has not moved forward 
with the bipartisan package of antitrust bills that we passed 
under Democrats in the 117th Congress that would have protected 
small businesses and consumers across the country, as they were 
demanding to be able to have more competition, to be able to 
lower their prices, and to protect their ability as small 
businesses to compete.
    If we are concerned about the trustworthiness of media, and 
we want to foster more responsible media, then I would suggest 
we take up my bipartisan Journalism Competition and 
Preservation Act. Let's debate that. Let's make sure 
independent publishers across the country, newspapers in small 
communities across the country, can survive.
    That's not what's happening. We have begun to see some 
colleagues on the other side co-opt the language of antitrust 
enforcement to target behaviors that have nothing to do with 
antitrust.
    I know that the details of antitrust law are confusing. So, 
I want to clarify a few specific legal points in plain English.
    Professor Waller, as an expert on antitrust law, and in 
plain English, can you explain what kind of anticompetitive 
behavior our antitrust laws are designed to prevent?
    Mr. Waller. Sure. I, as a teacher, try to explain complex 
things in plain language, so I appreciate your approach. I can 
give examples just in the real world. Over the years, the 
Justice Department has brought criminal antitrust cases against 
global cartels that have raised the price of vitamins, of food 
additives, and smaller cases of road-building and other 
expenses that taxpayers bear.
    This has been a traditional priority of antitrust 
enforcement. As you know, both the FTC and the Department of 
Justice have major Section 2 cases going on, both in the tech 
sector and otherwise, going after powerful firms that they are 
alleging have violated the antitrust laws, abusing monopoly 
power by a single firm, whether it is Amazon, Live Nation, or 
Google, etc. They are in various stages.
    There are pending mergers cases, such as the supermarket 
merger that is being now litigated by the FTC in 30-some 
States, where the consequences are likely, if the government is 
right, higher food prices as well as harm to labor if that 
merger goes through as currently proposed. Those are some of 
the priorities.
    Ms. Jayapal. Perfect. Actually, that Kroger's Albertson's 
merger, there was an article on the front page of The Seattle 
Times today, over 150 stores will close in my area, just in 
Seattle, as a result of that merger.
    Now, you touched on this in your prepared statement, and I 
know you only have access to public information about the facts 
in this case, but given those constraints, do you see any of 
these antitrust elements in the information that was uncovered 
by my Republican colleagues?
    Mr. Waller. Based on what I have seen, I do not at this 
stage. Based on publicly available information, GARM appears to 
be very different from either a trade association or even a 
traditional standard-setting body.
    They do not appear to be creating binding industry 
standards that determine whether products and services can be 
sold. They are creating sets of terms that firms can use or not 
use to make decisions that they each do in the marketplace.
    Ms. Jayapal. So, another fruitless investigation in this 
Congress. I would also add that Project 2025, the radical 
right-wing plan for a second Trump Administration, calls for 
more of these ideologically driven attacks on private actors in 
its section on the FTC, cloaking these culture war attacks in 
the popular rhetoric of antitrust and market power.
    On a different note, Mr. Patel, and quickly, how do you 
think consumers might view your products if there were 
advertised alongside hateful, vile, or dangerous content, like 
anti-LGBTQ rhetoric, child sexual abuse material, or content 
promoting terrorism?
    Mr. Patel. It would create severe damage to the brand 
equity that we have built for decades and decades.
    Ms. Jayapal. Thank you. In fact, one of our witnesses has 
repeatedly made hateful and derogatory comments about LGBTQ+ 
people in the past. Mr. Shapiro has argued that transgender and 
gay Americans suffer from a ``psychological disorder or mental 
illness,'' and has denigrated same-sex couples raising 
children.
    I and my fellow Americans consider these deeply offensive, 
hateful, and, in fact, an analysis in 2023 found that a network 
of Facebook pages connected with Mr. Shapiro's website had 
``earned over 17 million interactions from nearly 13,000 posts 
with transgender-related keywords.''
    Mr. Gaetz. [Presiding.] The gentlelady's time is expired.
    Ms. Jayapal. I yield back.
    Mr. Gaetz. Mr. Patel, are you part of an organization that 
uses market power for censorship?
    Mr. Patel. No, sir.
    Mr. Gaetz. How much advertising capital do you deploy 
annually?
    Mr. Patel. How much marketing investment do we spend?
    Mr. Gaetz. Yes.
    Mr. Patel. Eight hundred and fifty million a year.
    Mr. Gaetz. You spend, you said, less than one percent of 
that in the news area, right?
    Mr. Patel. Yes, sir.
    Mr. Gaetz. That is because really your brands don't want to 
be involved in these caustic news disputes or political 
disputes. They want to be apolitical in the presentation of 
their brand. Am I understanding that testimony correctly?
    Mr. Patel. Sir, we serve 90 percent of American households 
with our portfolio.
    Mr. Gaetz. It is a fascinating answer, just not to my 
question. Is the reason you de-emphasize news because you want 
to be apolitical?
    Mr. Patel. We target our investment to address the 
consumers that buy our brands.
    Mr. Gaetz. OK, are you doing so for political reasons or 
apolitical reasons?
    Mr. Patel. We don't do it for any political reason.
    Mr. Gaetz. OK, so then why are the vice presidents of your 
company trying to shape the way Facebook limits view of a Trump 
advertisement?
    Mr. Patel. Sir, I am not sure what the intention of that 
communication was, but that is not--
    Mr. Gaetz. I do, it was to get the Trump ad taken down, it 
is pretty clear. You had two vice presidents, Rob Master and 
Luis Di Como, who were pressuring Facebook to utilize 
Facebook's policies to take down a Trump ad.
    So, it is just hard to believe that your goal is to avoid 
politics when the like not some intern at your company, but the 
vice presidents at Unilever are writing Facebook saying we want 
you to take this Trump ad down and apply these policies to do 
it.
    Mr. Patel. Sir, I am not sure what the intention of 
communication was, but that is--
    Mr. Gaetz. OK, I will tell you what, I will read you the 
communication. It is two words. It is your vice president to 
GARM when they were trying to get the Facebook ad taken down. 
It said, ``Honestly reprehensible.''
    So, you are using the $800 million-plus power that you have 
over the marketplace. Facebook is craving your advertising 
dollars, and you have two vice presidents hammering Facebook to 
take down a Trump ad about whether or not Joe Biden should have 
his ear inspected for an earpiece.
    That was what the ad was about that you all found so 
reprehensible.
    Mr. Patel. Sir, respectfully, I am not sure that word was 
done by a Unilever person.
    Mr. Gaetz. OK. So, Mr. Di Como didn't work for Unilever?
    Mr. Patel. He sits on the--if I did my homework right, I 
think that came from the GARM, Rob.
    Mr. Gaetz. Oh, Rob Rakowitz, yes. You are members entities 
to GARM, you pay GARM. You guys are GARM. As Mr. Juhl said, 
``you have to have tools in order to help you place your ads.'' 
So, you go fund GARM, and then here your executive--your vice 
presidents are commiserating with GARM over the fact that 
Facebook won't remove this.
    I guess, Mr. Shapiro, when we look at these big advertising 
platforms, and they are hearing the people with the advertising 
dollars hammer them with this ideological tilt, what does that 
do to the marketplace for ideas?
    Mr. Shapiro. Obviously, it shuts down the marketplace of 
ideas, which is largely the intent.
    One of the things that I have heard from some of the 
Democratic Members of the Committee today is an extraordinary 
amount of projection. Projection wherein they suggest that 
Republican Members of the Committee are trying to shut down 
free speech by trying to get answers to questions about the 
kind of political pressures that are being put on social media 
companies, for example.
    It has been Democrats who for years have been spending 
their time trying to pressure social media companies into doing 
their bidding by limiting the types of information that are 
available to the public and how that information is actually 
distributed.
    One of the things that is worth noting here is that it is 
not just a matter of advertising dollars flowing. The way that 
it works on social media is that if you are demonetized, then 
the reach of your actual content is also limited by the same 
social media companies. So, obviously--
    Mr. Gaetz. Do you think the frequency of those 
demonetization rises when you have vice presidents of companies 
at Unilever trying to hammer entities like Facebook into taking 
down Trump ads?
    Mr. Shapiro. Absolutely, absolutely. There is no question 
that when you have internal pressures put on social media 
companies to take down right-wing material, that this has an 
impact on the reach of right-wing messaging, there is just no 
question.
    Mr. Gaetz. I guess I don't mind when Democrats say they 
don't like conservative speech, or we get to say we don't like 
some of their speech. That is how this works. It is when the 
business community colludes and utilizes market power to shape 
the way social media companies or websites disseminate 
information, that the public doesn't even get to see that 
debate and engage it.
    The fact that it is clandestine is actually even more 
corrosive to the values that undergird.
    Mr. Shapiro. That is absolutely true. The complete lack of 
transparency with which GARM treats both the member companies 
as well as the consuming public is one of the major problems.
    If they simply wish to levy a boycott against a right-wing 
source, they should simply say that is what they are doing. 
Hiding behind fake standards to project objectivity is a major 
problem in transparency for the market.
    Mr. Gaetz. Mr. Cohen is recognized for five minutes.
    Mr. Cohen. Thank you, Mr. Chair.
    First, thank you, Mr. Chair--this issue was already raised, 
as I understand it, and addressed in a transcribed interview 
with a representative of GARM. As that witness stated and as I 
am sure the representatives from GroupM at Unilever would 
likewise note, they are not responsible for creating or 
implementing Facebook's ad policies, that is something Facebook 
does.
    They are as advertisers, though, rightly concerned about 
the uniform enforcement of those policies. As the witness 
stated, quote,

        You can't imagine a global marketer, if they are trying to run 
        a campaign across platforms or across markets, and if they 
        start hitting those inconsistencies where there are actions 
        taken against advertising messages in campaigns that are not 
        clear, they are not transparent.

    It creates disruption because it is like all of a sudden, I 
now actually have an outage in my campaign and I am not going 
to be able to reach as many consumers. I am not going to get 
business results. The company is not going to perform, stock 
market prices, it is all there. Basically, supply and demand is 
very American. It is what we are all about, capitalism.
    Is that, Mr. Patel, is that pretty much correct?
    Mr. Patel. Yes, sir.
    Mr. Cohen. Thank you. I would appreciate you--the app was 
not taken down--the ad was not taken down, was it?
    Mr. Patel. Not to my understanding.
    Mr. Cohen. Yes, thank you, sir. I was in transportation 
working on issues there and came here to what is a rather 
bizarre hearing. Not the first we have had in this Committee. 
It is our second hearing ostensibly charging specific groups 
with illegal conduct without a single expert witness to lay out 
that conduct and how that conduct violates the law.
    This is the Judiciary Committee. We are supposed to be 
looking about the law, violation of law, legal experts. Nada. 
We did have two oversight hearings of the antitrust enforcement 
agencies, the Federal Trade Commission and the Department of 
Justice. We had two top enforcement officials here. Not once 
did any Member bring up the Global Alliance for Responsible 
Media, GroupM, Unilever, or any of this.
    So, Republicans had the opportunity to ask antitrust 
experts. They didn't. Today we have two witnesses, a large 
advertiser and a large advertising buyer, who are testifying 
why the Republicans just have it factually wrong. We have a 
talk show host who is bitter that corporations do not want to 
buy his program.
    It is a good thing we have an esteemed antitrust expert 
with us today, Professor Waller. He diligently and politely 
explained why this legal theory that there is some antitrust 
violation designed to censor conservatives is bunk.
    So, that is the evidence we have before us. Thank you, Mr. 
Waller, the legal theory is bunk. Clean that up a bit.
    The Republicans have it backward. Their cry against 
censorship is nothing more than an attempt to bully, or as they 
would like it, compelled by law companies to associate 
themselves with individuals and content creators the companies 
believe are harmful and pay them.
    Seriously, you think Unilever should be forced to advertise 
and in doing so financially support posts about rape or 
domestic violence? That is not the American way. We let the 
private enterprise capitalistic system determine where they 
want to advertise.
    That is the record that is coming out of this hearing, is 
that they want to force Unilever to do certain things. This is 
a real concern. We have images that show how a company has a 
legitimate business interest, and I would argue a social 
obligation not to support this type of harmful conduct and to 
be associated with it.
    It also gets free speech wrong, as Professor Waller 
explained. This isn't about government censoring anyone. In 
fact, it is about trying to use the antitrust laws and 
enforcements to compel speech.
    The Republicans must read the Constitution in a funhouse 
mirror. It is very much out of focus and weird shapes, and they 
pick out what they want, and then they come out of the funhouse 
and maybe they wake up.
    With that, I have a couple of questions. I haven't read 
Project 2025, so that could all be in Project 2025 where they 
want to turn America over, this may be part of it.
    Mr. Patel, Mr. Shapiro--or it is Shapiro?
    Mr. Shapiro. It is Shapiro.
    Mr. Cohen. Shapiro, thank you. I had an uncle; he was 
Shapiro and his son became Shapiro. Mr. Shapiro says the 
Democrats are using the tacit threat of government action to 
compel private companies to throttle viewpoints that we don't 
like.
    Do you know what chutzpah is?
    Mr. Patel. Sorry, sir?
    Mr. Cohen. You know what chutzpah is?
    Mr. Patel. No, sir.
    Mr. Cohen. Well, that is chutzpah. We are literally in a 
hearing where the Republicans are using the power of this 
Committee to not tacitly threaten but actually accuse--
    Mr. Issa. Would the gentleman yield for a question?
    Mr. Cohen. --companies of illegal activity and investigate 
them because they don't like their viewpoint. A very sensible 
viewpoint, I would argue, that they don't want to be associated 
with hate speech, domestic violence, rape, or harassment.
    Who would want to be associated with anything that deal 
with somebody who went into Bergdorf Goodman and got a woman 
and took her into a locked dressing room and molested her? No, 
you wouldn't want to do that. You wouldn't want to be--I could 
go on and on and on about that though.
    So, I will yield right now and the balance of my time. 
Thank you.
    Chair Jordan. [Presiding.] The gentleman yields back. The 
gentleman from Wisconsin is recognized.
    Mr. Fitzgerald. Thank you, Mr. Chair.
    Democrats must have been given their talking points on 
Project 2025 yesterday at the internal meeting of the 
conference to determine who the next Presidential candidate 
will be for the Democrat Party. This is the second Committee I 
have sat through this morning, including Financial Services, 
and Project 2025 has come up at least a dozen times. I just 
find that interesting.
    Mr. Patel, Unilever is a publicly traded company, meaning 
you have fiduciary duty to deliver returns to shareholders, 
correct?
    Mr. Patel. Yes, sir.
    Mr. Fitzgerald. In your 2023 Annual Report, you identify 
consumer preferences as a principal risk to your business. In 
examining this risk, you stated,

        Our success depends on value and relevance of our brands and 
        products to consumers around the world.

    Would you agree that the--it has got to be a critical 
element in managing that risk, because you have to continue to 
grow consumer preference of your brands, right?
    Mr. Patel. Yes, sir.
    Mr. Fitzgerald. Right. You do that through brand and 
marketing investments, or advertisements I guess is another way 
of describing that, right?
    Mr. Patel. That is how we build brands.
    Mr. Fitzgerald. Between 2021-2023, Unilever spent more than 
23 billion on brand and marketing investments. That is a fairly 
big chunk of your operating costs, I am sure. Would it be fair 
to say that Unilever believes brand marketing delivers a 
positive return on investment?
    Mr. Patel. Sir, that is why we invest, to build our brands 
and the equity, and that is why we are in 90 percent of U.S. 
households.
    Mr. Fitzgerald. Right, but if consumer preference is still 
at risk, you can always do better, correct? That is obviously 
the goal?
    Mr. Patel. The business could always grow better.
    Mr. Fitzgerald. Right. So, let me ask you this: If consumer 
preference is vital to the success of your company, you 
acknowledge that a principal risk and commit billions of 
dollars each year to mitigating that risk, then why would you 
boycott companies that reach millions of consumers? It doesn't 
make any sense.
    You have got this goal in place, you are pursuing it, but, 
yet you are still pursuing boycotts.
    Mr. Patel. Sir, we don't boycott, we have a clear internal 
process. Our brands have jobs to be done, we have target 
audiences that we look for our brands. Actually, 80 percent of 
our marketing spend goes between 18-49-year-old women, because 
they make 80 percent of the purchasing decisions for our 
business.
    That is how we set our choices on investment, what is right 
for our brands to give us the best business return on 
investment.
    Mr. Fitzgerald. What about Twitter, has there been any 
boycotting of Twitter? It would be in the best interest of 
growing your consumer preference and delivering returns to 
shareholders to utilize Twitter to make sure that your brands 
are continuing to grow, right?
    Mr. Patel. Sir, on Twitter, or X, as it is known now, there 
was a period in 2019-2020, due to brand safety that we pulled 
our investment. We have not returned to Twitter across the 
world.
    Mr. Fitzgerald. OK, thank you.
    Mr. Shapiro, can you explain the importance, I don't want 
to oversimplify this, can you explain the importance of 
advertising dollars to growing The Daily Wire into the company 
that it is today?
    Mr. Shapiro. Sure. So, the truth is that advertising 
dollars represent a far smaller share of the revenue of The 
Daily Wire than they did at the very beginning. When you are 
first starting a company, the possibility of starting off the 
basis of subscribers alone is very difficult because you 
actually don't have tremendous market reach.
    The gradual increase in revenue is largely due to 
advertiser revenue. So, at the beginning of The Daily Wire, 
nearly 100 perent of all revenue that we had when we were 
building the business was based on advertising revenue. Today, 
it is significantly smaller than that because we have a very 
large subscriber base.
    So, the principal threat that I am here to talk about is 
not about the bitterness of my company, which continues to be, 
thank God, highly successful. The reason that I am here is to 
talk about startup companies that are attempting to get into 
the market and are being barred from an extraordinarily large 
pool of advertising revenue along political lines.
    Mr. Fitzgerald. Do you believe there are collective 
boycotts that are happening?
    Mr. Shapiro. There is no question there are collective 
boycotts happening. I will say that I do appreciate the 
chutzpah of some of the Democratic Members of Congress. I am 
charmed by their newfound love for free markets and corporate 
free speech. That one seems to be a bit of a new one to me.
    It is charming only in that it requires you to ignore many 
of the statements that they have made historically about the 
amount of pressure they would love to bring on private 
companies when it comes to free speech.
    Here I will quote the Ranking Member,

        These platforms are utilized as conduits to spread vitriolic 
        hate messages into every home and country. Efforts by media 
        companies to counter the surge have fallen short. Social 
        network platforms continue to be used as ready avenues to 
        spread dangerous White nationalist speech.

That was from 2019, from 2020,

        It goes way beyond the fact that Big Tech misbehaves. It is the 
        fact this kind of power exists. That kind of power cannot be 
        allowed to exist in society.

    Now, when you use that sort of language with regard to the 
same companies, we are now hearing require free speech, I find 
that somewhat difficult to swallow.
    Mr. Fitzgerald. Thank you, Chair, I yield back.
    Chair Jordan. The gentleman yields back. The gentleman from 
Georgia is recognized.
    Mr. Johnson. Thank you, Mr. Chair.
    This is a sham hearing, railing against a made-up 
boogeyman. I am not normally up here defending big business. As 
Mr. Shapiro noted, I have said repeatedly that we need to limit 
the massive dark money spending that big business pours into 
our politics and pours into our Supreme Court.
    Let's talk about what is really happening here. Corporate 
brands care about their reputation because they sell more 
products if they have a good public image. These companies 
think it is bad for business to run their advertising content 
next to child porn, ISIS videos, hate speech, or an 
advertisement from The Heritage Foundation about Project 2025, 
which is so alarming to most Americans.
    Americans are alarmed, and that is why their 
representatives are talking about Project 2025, a 900-page 
manifesto which is the blueprint for the Trump Administration, 
should he be so fortunate and we be so unfortunate that he be 
reelected. Nobody wants their video--wants their advertisements 
running against that kind of content. Foreign propaganda and 
network disinformation campaigns.
    So, these brands are working together to demand greater 
transparency and accountability from platforms regarding where 
their ads are placed and what kinds of content the ads are 
monetizing. That just sounds to me like good common business 
sense.
    Am I right about that, Mr. Patel?
    Mr. Patel. Yes, sir.
    Mr. Johnson. How about you, Mr. Juhl, am I right or am I 
wrong?
    Mr. Juhl. That is correct, sir.
    Mr. Johnson. Thank you. That is not really why we are here. 
This do-nothing Congress has nothing to run on this fall. They 
started out this Congress with 15 rounds of voting to elect a 
speaker, and then they promptly proceeded to throw the speaker 
out. They wasted another three weeks trying to put in another 
speaker.
    MAGA Republicans have given us two years of dysfunction, 
two years. They don't have anything to show for it, but a few 
rabbit-hole investigations of the Biden corrupt crime family, 
allegedly. Twenty million dollars in taxpayer money spent 
between two Committees investigating the President with the aim 
of impeachment. We saw where that went.
    So, they have nothing, absolutely nothing to show for their 
dysfunction. So, what they are now trying to do is gin up their 
base against this made-up boogeyman and give a platform to 
extreme voices who want to spread misinformation. The American 
people know better, and they want a Congress that will work on 
behalf of real Americans on real problems.
    Instead of this sham hearing, we should be working on 
protecting and strengthening our democracy, which is about to 
be undermined should Project 2025 go into effect.
    Professor Waller, Mr. Shapiro's testimony states that, 
``GARM acts as a cartel.'' You are an expert in antitrust law, 
are you not?
    Mr. Waller. I have devoted a lot of my career to studying 
it.
    Mr. Johnson. Can you explain why that assertion is false?
    Mr. Waller. I have not seen any evidence and publicly 
information that suggests that GARM plays a role like a 
traditional cartel. It does not consist primarily of firms that 
compete with each other, and they are not agreeing on the price 
amount or other kinds of market division that a cartel normally 
does and is normally punished for it, if you can prove.
    Mr. Johnson. So, this hearing is pretty much false 
advertisement, wouldn't you say?
    Mr. Waller. Well, I would just caution all Members of the 
Committee just not to fall in the trap that sometimes my 
students do which, when they see something that they don't 
like, they think it is either an antitrust violation or a 
violation of the Constitution. It is just not necessarily true.
    Mr. Johnson. Well, gosh, I really hope that Project 2025 
does not come into play, because if it does, we will be having 
a whole lot more hearings like this, sham hearings on issues 
that actually suppress the rights of the people and even 
business owners to conduct business in a businesslike fashion.
    With that, Mr. Speaker, I yield back.
    Chair Jordan. The gentleman yields back.
    Mr. Juhl, what is uncommon collaboration?
    Mr. Juhl. Uncommon collaboration?
    Chair Jordan. Yup. This is from the Global Alliance for 
Responsible Media, your working charter, priorities for 
uncommon collaboration. I just want to know what you guys say 
is uncommon collaboration.
    Mr. Juhl. Well, I can't speak for GARM, but I think what--
    Chair Jordan. You are on the board, right? You are on the 
steer team, your company.
    Mr. Juhl. My company is on the steering team. I think what 
they are referring to here--
    Chair Jordan. A founding member.
    Mr. Juhl. What they are referring to here--
    Chair Jordan. Are you a founding member? Founding member of 
GARM, right?
    Mr. Juhl. Yes, yes.
    Chair Jordan. So, I am asking what, and this your charter, 
your working charter, what is uncommon collaboration?
    Mr. Juhl. I believe what they are referring to is a cross-
industry collaboration between agencies, brands, technology 
companies, and ad tech companies.
    Chair Jordan. Well, that is all warm and fuzzy, but here is 
what Mr. Rakowitz, the guy you guys hired to run GARM, here is 
what he says,

        Uncommon collaboration is competitors working together, 
        competitors working together to rise about individual 
        commercial interest. Uncommon collaboration needs to be 
        understood as the industry coming together, putting aside 
        competitive concerns.

    Mr. Waller just said we don't have a cartel here, but that 
sounds a lot like a cartel to me. Would you agree? It sounds a 
lot like limiting actions that would limit consumer choice. 
That sounds like unlawful restraint of trade. All that stuff is 
legal according to the Sherman Act. What do you think, Mr. 
Juhl?
    Mr. Juhl. What is the question, sorry?
    Chair Jordan. The same question. You are trying to tell me, 
I asked what uncommon collaboration is, which is from your 
working charter, GARM's working charter.
    Mr. Juhl. Right.
    Chair Jordan. When Mr. Rakowitz defines uncommon 
collaboration as rising above individual commercial interests. 
I thought a company was focused on their commercial interest of 
their individual company.
    Mr. Juhl. Sir, GARM is used for a framework and definitions 
to try and make order of something that quite honestly had no 
order to begin with.
    Chair Jordan. Well, here is what GARM did. Here is what it 
looks like I think in practice. Can we put up the email from 
Mr. Montgomery, who works for Mr. Juhl's company, email about 
Breitbart, The Daily Wire, and Fox News.

        There is an interesting parallel here with Breitbart. As much 
        as we hated their ideology and blank, we couldn't really 
        justify blocking them for misguided opinion. I don't know The 
        Daily Wire that well, but we should watch them carefully too. 
        If we block The Daily Wire, why wouldn't we block Fox News?

    That seems to me uncommon collaboration in practice focused 
on three conservative news outlets. Do you see it that way, Mr. 
Juhl?
    Mr. Juhl. Respectfully, no, sir.
    Chair Jordan. Well, how do you see it then?
    Mr. Juhl. I see it as this is somebody from our brand 
safety team, and he is asking questions about what sort of 
standards of service they have and trying to figure out what is 
happening with this particular publisher.
    Chair Jordan. Well, let's put up the next one, let's show 
some more uncommon collaboration in practice. Put up the next 
one. This is the one about Twitter.

        Based on your recommendations, we have stopped all paid 
        advertisement because the platform was rather unsafe due to 
        Elon Musk's decision to fire.

This is their opinion. This is when Elon Musk bought Twitter.

        But it is an important platform for us to reach our audience, 
        so we would like to consider going back.

Looks like you, this was a coordinated, uncommon collaboration 
to boycott Twitter, but this company wants to go back because 
they make a lot of money when they when they are advertising on 
Twitter.
    Is that what this uncommon collaboration is that GARM 
engages in, Mr. Juhl?
    Mr. Juhl. We are not party to this email, so I can't really 
speak to this. We actually have been big supporters of Twitter 
and X--
    Chair Jordan. Oh, that is good.
    Mr. Juhl. As recently as two weeks ago we met with Mr. 
Musk, introduced to our advertisers. To be clear, we want more 
choice in this industry, more places to create trusted brand 
advertising.
    Chair Jordan. Mr. Shapiro, it has been cited several times. 
I think Mr. Nadler said in his opening statement, a number of 
other people said that they come together, they collaborate, 
they collude, they come together because they don't want to be 
advertising onsites where there is terrorism, piracy, harmful 
images of children or other crimes on those, associated with 
those websites.
    Do any of that activity take place on The Daily Wire 
website?
    Mr. Shapiro. No, it most certainly is not.
    Chair Jordan. Yes, so that is just--we are all against that 
stuff. What we are not for is this colluding, this 
collaboration to go after different--to limit advertising 
because you don't like their ideology, you don't like their 
politics.
    That is what we are focused on. That is exactly what is 
going on out there. Frankly, as you said in your opening 
statement, anybody can see it.
    Mr. Shapiro. The emails that you are showing, I have yet to 
see an email on the other side suggesting the possibility of 
divestment from CNN, for example.
    Chair Jordan. Yes. Trust me, we did a lot of investigating. 
If we had that, we would have put it in our report. Didn't find 
a one. Didn't find a one. It was all targeted in one direction. 
They say it in their charter document.
    Mr. Rakowitz says uncommon collaboration is limiting the 
choice, it makes absolutely no sense to me.
    With that, I will recognize the gentleman from California.
    Mr. Correa. Thank you, Mr. Chair. I want to welcome the 
witnesses as well.
    Let's talk a little bit about brand reputation, if we may. 
We all know how important brand reputation is. As Warren Buffet 
has said, ``it takes 20 years to build a brand and five minutes 
to destroy it.''
    Let me start out with Mr. Patel. A question, sir. In 2020, 
Unilever stopped, paused all social media advertising because 
the environment had become very polarized and unhelpful toward 
brand. Is that correct?
    Mr. Patel. Yes, sir.
    Mr. Correa. Let me say that consumers agree with you. That, 
in fact, 82 percent of consumers also feel that it is important 
that the content surrounding online ads be appropriate.
    Mr. Chair, I want to submit for the record an article 
titled, ``Brand Safety: What Do Consumers Consider to Be 
Inappropriate Content?''
    So, Mr. Patel, I am going to ask again. Unilever paused 
advertising on both conservative and liberal channels, and did 
not specifically target conservative platforms or content 
creators. Is that correct? That is for 2020.
    Mr. Patel. Yes, sir, we pulled all our advertising from all 
assets.
    Mr. Correa. So, Mr. Patel, it sounds like this is more of a 
pure business decision and not a messaging crusade on your 
part, would you agree with that?
    Mr. Patel. We did what was felt best for our brands.
    Mr. Correa. Business decisions.
    Mr. Patel. Yes, sir.
    Mr. Correa. Mr. Patel, you have testified that at Unilever, 
you make decisions to advertise independently, is that correct?
    Mr. Patel. Yes, sir. We make our investments on what is 
right for our brands, and--
    Mr. Correa. No group, including GARM, dictates or approves 
where Unilever spends its advertising dollars, is that correct?
    Mr. Patel. A hundred percent, Unilever makes its own 
decisions.
    Mr. Correa. No group directs Unilever to avoid any platform 
or creator, is that correct?
    Mr. Patel. Yes, sir.
    Mr. Correa. So, Mr. Patel, members of GARM can come and go 
freely, like X, formerly Twitter, have done, is that correct?
    Mr. Patel. GARM is a voluntary organization.
    Mr. Correa. OK. Professor Waller, if I may, some on this 
Committee have suggested that members of GARM have colluded to 
harm competition by boycotting certain platforms or speakers. 
Don't businesses have the fundamental right to choose how and 
where they spend their advertising dollars?
    Mr. Waller. That is correct.
    Mr. Correa. It is clear from Mr. Patel's answers and the 
public documents that there is no collusion. Would you agree 
with that?
    Mr. Waller. I can only say it is a matter of I have not 
read the Committee's report. Based on publicly available 
information, I am seeing a discussion of unilateral decisions 
on how to do business, which is the purview of each company. 
You simply need more.
    You need more, even if other firms are making similar or 
even identical decisions, the law is clear that you need 
something that shows that they are acting in a way together 
rather than independent. I see you have an element of antitrust 
violation chart behind you--
    Mr. Correa. Well, behind me, sir, Mr. Waller is a chart of 
the three elements, the mandatory elements of a Sherman Act 
Section 1 violation. You need to prove all three elements.
    So, Mr. Waller, let me ask you: Are you aware of any 
agreement among the competitors to boycott or collude?
    Mr. Waller. Well, I have no personal agreement, but I am 
not hearing anything today that suggests that. In the absence 
of an agreement, I can just submit there is no Section 1 
violation.
    Mr. Correa. So, if there is no agreement, there can't be a 
Section 1 antitrust violation.
    Mr. Waller. That is true.
    Mr. Correa. So, there is no antitrust violation.
    Mr. Waller. If there is no agreement, there is no Section 
1. Then there are other requirements that your chart has two 
additional requirements. You have to show an unreasonable harm 
to competition and there is one, in addition, I would suggest 
that if the firms involved have a legitimate business 
justification for what they do, that is often enough to avoid a 
violation, even if there were an agreement.
    Mr. Correa. It is a lot. Thank you very much.
    Mr. Chair, I yield the remainder of my time.
    Chair Jordan. The gentleman yields back. The gentleman from 
California is recognized.
    Mr. Issa. Professor Waller, you were a Senior Advisor to 
the--over here. You were a Senior Advisor to the Federal Trade 
Commission under Lina Khan, right?
    Mr. Waller. That is correct.
    Mr. Issa. When you left, did you take copies of your work 
product?
    Mr. Waller. No.
    Mr. Issa. Are you aware that the FTC deleted them all and 
would not make them available to this Committee, so we have no 
idea what you did?
    Mr. Waller. I have no idea what the FTC did after I left.
    Mr. Issa. You didn't take any copies? Under oath, you are 
telling us that you have no records of your time there, your 
opinions, or what you did there?
    Mr. Waller. No. In fact, I was prohibited from doing so. I 
turned in my computer, my phone, and I have no access to any of 
that stuff.
    Mr. Issa. OK, well, that is fine. So, they just destroyed 
the evidence. The Federal Trade Commission under Chair Khan has 
found everything to be antitrust. They haven't found a merger 
or an acquisition they seem to like, even if they are 
unrelated.
    Were you part of that decision? In other words, when they 
decided that the only way you can merge or acquire somebody is 
if it hurts your ability to compete, were you part of that? 
Because today, you are talking about nothing is--what we are 
seeing here, which clearly smells like a cartel, certainly 
looks like a suppression of free speech, you are saying none of 
it is.
    You have testified repeatedly that you see no there there, 
and yet you were part of the FTC, which sees a there 
everywhere. Can you explain that quickly?
    Mr. Waller. I am providing a roadmap of all the issues that 
I think this Committee would have to find solid evidence--
    Mr. Issa. Well, I find your behavior and the behavior of 
the Federal Trade Commission under your participation to be 
inconsistent with your testimony, and as a result have to 
discount your opinions a considerable amount.
    For Mr. Patel and Mr. Juhl, Unilever is based where?
    Mr. Patel. The U.S. is--
    Mr. Issa. No, no, where is the stockholding parent company?
    Mr. Patel. London, sir.
    Mr. Issa. London. So, you are not a U.S.-based company, 
other than you are a division of a foreign company. Is that 
correct?
    Mr. Patel. We are based, headquarters London.
    Mr. Issa. OK, it is OK. You have got a wonderful British 
accent. It is fine, I like that actually. So, where is GARM 
based? The answer is Belgium, it is not hard.
    Mr. Patel. Actually, I am not sure where GARM is based.
    Mr. Issa. OK, well, our information shows it is Belgium. 
So, a non-U.S. company working with a non-U.S. consortium that 
controls 90 percent of advertising, all which is outside the 
U.S. and outside the reach of really being discovered wants to 
tell us it is not a cartel.
    The one thing about a cartel is, the first way it is a 
cartel is it says it is not a cartel. I think that is really 
what we are dealing with here. I would ask Mr. Waller, except 
that I find him inconceivably disingenuous when what he is 
saying today doesn't seem to be consistent with where he was 
working until recently, so I will go to Mr. Shapiro.
    Mr. Shapiro, do you have more than 10 percent market share 
in the advertising or social media work?
    Mr. Shapiro. We certainly do not.
    Mr. Issa. You don't. So, you don't have any market power.
    Mr. Shapiro. Very little.
    Mr. Issa. OK. If you had control or influence over 90 
percent of it, do you think that the Federal Trade Commission 
would be up your derriere every day with questions?
    Mr. Shapiro. As things currently--
    Mr. Issa. I didn't use the Yiddish term because I was 
afraid--
    Mr. Shapiro. Even as things currently stand, I overpay my 
taxes.
    Mr. Issa. OK, so basically what we are dealing with here 
today is you, Fox, the others don't have individually enough 
market share to, or to have market power so that you can 
control the market. Clearly, GARM's influence does have 90 
percent of the advertisers. According to everything we have 
seen, you have been blacklisted by them.
    Mr. Shapiro. That seems to be the case.
    Mr. Issa. Now, the late Roger Ailes was a friend of mine. I 
thoroughly enjoyed my time and the guidance he gave me, but he 
also gave Rupert Murdoch a piece of guidance, and it is true 
until today.
    He found a niche that the company that became Fox News 
could fill. He said, ``Mr. Murdoch, I found a niche I think we 
can exploit.'' He said, ``Well, what is it?'' He said, ``It is 
half of America.''
    So, can you explain in 35 seconds or less, more or less, 
one, if you know that chutzpah means nerve. I am afraid most 
people aren't good at Yiddish here apparently. Although they 
use it.
    Can you explain to me why systematically, whether it is one 
conservative media or not, that GARM is seemingly wanting us--
an outside-the-U.S. group--wanting not to have 50 percent of 
Americans here advertising, and as a result seek profitable 
networks?
    Mr. Shapiro. It seems to me there a variety of reasons why 
a group like GARM is attempting to withdraw the advertising 
market from half of American businesses that happen to be on 
the right side of the aisle. Those reasons range from the 
overtly political to the fact that they coordinate with foreign 
governments.
    GARM actually does coordinate in Europe with a bunch of 
European governments in consolidating standards and all the 
rest. They obviously don't have the same First Amendment 
restrictions that they do in the United States.
    These sorts of informal arrangements have been carried 
across the pond here and incentivized by, again, Members of 
this body, Members of the Executive Branch, who put pressure on 
social media companies to throttle particular viewpoints.
    Mr. Issa. Mr. Chair, I would certainly say for the record 
that if you mis- or dis-enroll half of America's access, that 
is chutzpah.
    Chair Jordan. The gentleman yields back. The gentlelady 
from Georgia.
    Ms. McBath. Thank you, Mr. Chair.
    Responsible advertising standards are being questioned here 
today. We should not be using taxpayer dollars to speak on an 
issue that has been investigated and produced no support for 
any unlawfulness.
    We need to trust the facts that we have gathered, not chase 
conspiracy theories or force companies to make investments 
against their will.
    There are so many issues that we could be focusing on here 
today that would actually save millions of lives, such as gun 
violence prevention, or better serve the American people and 
make a positive and meaningful difference in the lives of those 
that we are sworn to serve.
    We could focus on measures to reform our prisons and 
protect our children from online violence. Or we could make a 
good-faith effort to protect the First Amendment. We have urged 
our colleagues on this Committee time and time again to follow 
the facts and resist the urge to chase down unbiased claims for 
political clout.
    We should be using tax dollars to help the very people who 
pay for them. Instead of some of my colleagues in the Majority 
are wasting money so that they may spread falsehoods and 
distract the public from their inability to effectively 
legislate.
    I want to thank each and every one of you for being on this 
panel today. I do have a number of questions, so if you don't 
mind just kind of answering as succinctly as you possible can, 
I appreciate it.
    Professor Weber Waller, in the research that you have 
attained on the Global Alliance for Responsible Media, are 
members of GARM within their First Amendment right to 
voluntarily decide whether to place their advertisements on a 
certain website or platform?
    Mr. Waller. Yes.
    Ms. McBath. Thank you. Is this true even if multiple 
members of GARM make the same decision voluntarily?
    Mr. Waller. Yes.
    Ms. McBath. In 2020, Spotify entered into an exclusive deal 
with a podcaster for $100 million. On this podcast, the host 
shared COVID misinformation, including suggesting that healthy 
young adults did not need to be vaccinated, leading prominent 
artists to leave Spotify over this. Grossly inflammatory 
language was constantly being used, including using the n-word 
repeatedly over several periods of years.
    Mr. Patel or Mr. Juhl, can you explain why brands would not 
like to have their advertisements appear alongside this kind of 
audio content?
    Mr. Patel. From a Unilever perspective, it would create 
damage to what the brands stand for and the equity that we have 
built for many decades around why they exist.
    Mr. Juhl. From our perspective, it is much similar. 
Companies spend billions of dollars over decades building their 
brands, committing certain values, making them feel safe, 
making it feel useful, and making it earn its place in 
consumers' lives.
    When you put it next to something like that at a time when 
there is a massive health crisis and these types of comments 
come out, it destroys those billions of dollars they have 
invested over long periods of time.
    Ms. McBath. Thank you for those clarifications. Mr. Patel 
or Mr. Juhl, how do your companies determine what platforms and 
products you wish to use for your advertising?
    Mr. Patel. From a Unilever lens, what we do is--and it is 
different for every brand--we have a job to be done for the 
brand and we have target audiences. So, we have selective 
demographics that we are trying to address through the brand 
equity.
    Then the team locally will work with the GroupM to 
understand where that content is, and then we will target that 
through advertising.
    Ms. McBath. Thank you.
    Mr. Juhl. I think that is exactly right. If you want to 
introduce a new pickup truck in America, you are going to go 
out and figure out who is most likely to buy that and how do I 
match the brand values and what that truck is with the audience 
segments.
    So, I will make it up, but we are going to find men between 
24-35 who believe in durability, toughness, and they like the 
message appeal of made in America. We are going to go find the 
news outlets that represent that audience best and connect them 
to that audience.
    Ms. McBath. Thank you for those clarifications. Mr. Patel 
and Mr. Juhl, if the Committee decides today that companies 
must advertise on platforms that are not aligned with their 
brand, how could this affect the future of advertisements?
    Mr. Patel. Respectfully, ma'am, what we believe is that we 
have a right to choose where we want to choose our investments 
and where we want to advertise our brands.
    Mr. Juhl. I agree with that.
    Ms. McBath. Thank you, and I yield back the balance of my 
time.
    Chair Jordan. The gentlelady yields back. The gentleman 
from Wisconsin, Mr. Tiffany.
    Mr. Tiffany. Thank you, Mr. Chair.
    Chair Jordan. Would the gentleman hang on for one second? 
We have been at it for a couple hours. If any of you need a 
break, just please let us know, we can take a break. Got 
several to go. Just let our staff know, and we will go.
    The gentleman is recognized.
    Mr. Tiffany. Yes, thank you very much, Mr. Chair.
    We know from hearings in this Committee that in the 2020 
election, that ads were throttled from President Trump.
    Mr. Juhl, what is GroupM doing to make sure that President 
Trump's ads are not going to be throttled here in the 2024 
election?
    Mr. Juhl. Thank you for the question. GroupM works with all 
our different publishers and partners to enforce their 
standards of service, to make sure that we look at what those 
are. That is part of the reason that we actually use GARM and 
others, is to get an industry framework and guidelines and use 
third parties to look at the content that comes through and 
make sure that it is performing as it should.
    Mr. Tiffany. So, will you be watching companies like 
Google, like Meta, like X to make sure that they are not 
throttling information coming from conservatives, and in 
particular, President Trump?
    Mr. Juhl. We actually work with all the major publishers 
around the world, and certainly here in the United States, and 
meet with them on a regular basis to talk about their standards 
of service, their policies, and make sure that they are living 
to those standards of service.
    It is really important to us to have choice in this 
marketplace and to be able to connect our brands and consumers 
in a wide variety of organizations.
    Mr. Tiffany. So, there is a real concern that, we see this 
email, there were some emails that were posted early. We have 
one here from Joe Barone, Managing Partner, Brand Safety 
Americas. We confirmed with Spotify that GroupM safety team 
will conduct a complete trust and safety review.
    This was after this was in response to Joe Rogan being on 
Spotify. Spotify said we do not want to take Joe Rogan down. 
You guys put additional pressure on. How can we be confident 
with something like that happening? Is Mr. Barone still working 
for GroupM?
    Mr. Juhl. No, sir, he is not.
    Mr. Tiffany. OK, so we can be confident something like this 
will not happen again, where you guys use actually kind of 
secondary power to, secondary authority to be able to go after 
somebody like Spotify. We can be confident that is not going to 
happen again?
    Mr. Juhl. Sir, we routinely conduct brand and safety 
reviews to make sure that these partners of ours are living to 
their standards. In the case of Spotify, we didn't boycott 
anything, we didn't pull our spend.
    They continue to be a major media partner for us. We wanted 
to understand during a health crisis in America what Joe Rogan 
was talking about and did it comply with Spotify's standards of 
service.
    Mr. Tiffany. So, one final issue in regard to this. Is it--
has GroupM done a mea culpa in regard to this information that 
was throttled in regard to the COVID disaster that happened, 
not just in the United States, but across the world?
    Has there been an acknowledgment by GroupM that many of the 
things that were talked about by people like Joe Rogan and 
others have actually turned out to be true? That they are not 
misinformation? Has GroupM acknowledged that?
    Mr. Juhl. Sir, I am not aware that GroupM ever came out and 
said that Joe Rogan was spreading misinformation or that 
Spotify the platform. We asked Spotify to clarify their 
policies.
    We are in the business of connecting brands and consumers 
in a way that their messages can be heard in an authentic 
manner.
    Mr. Tiffany. So, you weren't going after Spotify?
    Mr. Juhl. As I said, we never reduced our spending once. We 
didn't call for a boycott, we asked for clarification from 
Spotify.
    Mr. Tiffany. Mr. Patel, the VP for Facebook let us know a 
few years ago that they put out information telling people how 
to get into this country illegally, and we have seen over ten 
million people do that here in less than four years under the 
Biden Administration. Your company Unilever does some 
advertising on Meta, I am assuming?
    Mr. Patel. Yes, sir.
    Mr. Tiffany. Yes, is a Trump ad, as was alluded to by my 
colleague from Florida, is that more dangerous, or is it more 
dangerous to have Facebook telling people how to get into our 
country illegally?
    You had some VPs that said that a Trump was very dangerous 
and that it should be pulled down. Is that more dangerous, a 
Trump advertisement for President, or is a Facebook saying that 
they are encouraging people to come into the country illegally? 
Which one is more dangerous?
    Mr. Patel. Sir, from an Unilever lens, we believe that is 
not the content we would want our brand associated with.
    Mr. Tiffany. Will you stop advertising with Meta? Because 
they have encouraged people to come in illegally. If you took 
an ad like that out in the newspaper, you would be in big 
trouble.
    It seems like the same thing should happen to Meta. They 
are breaking the law and telling people to come into this--
telling people how to come to into this country illegally. Will 
you be dropping your advertising from them?
    Mr. Patel. Sir, that is why we work with GroupM and our 
different partners to ensure our brands appear adjacent to the 
content that we are targeting for the audiences that we are.
    Mr. Tiffany. Hasn't GroupM failed you then? They did not 
find out that they are actually encouraging illegal activity. 
Shouldn't GroupM be telling you that, hey, there is a problem 
here?
    Mr. Patel. Sir, that would be--we also have verification 
within our own organization to see where assets are appearing. 
So, it would be picked up in the system.
    Mr. Tiffany. I wish I could do some more followups, but I 
yield back, Mr. Chair.
    Mr. McClintock. [Presiding.] The gentleman yields back. Mr. 
Swalwell.
    Mr. Swalwell. Thank you.
    Mr. Shapiro, thank you for joining us today. I think it is 
important that you are here as one of the leading conservative 
voices in the country. The country has, in the last couple 
weeks, talked a lot about and Googled Project 2025. It is one 
of the most Googled search terms right now.
    You are not going to get any censorship from me. So, I just 
wanted to know from your perspective, I think it would help us 
understand on just like a scale of 0-100 percent, how much do 
you support Project 2025?
    Mr. Shapiro. I think like President Trump, I haven't looked 
all that deeply at Project 2025, but it seems that Democrats on 
this Committee, sort of like Peter Pan and Tinkerbell, if they 
say Project 2025 enough, their Presidential candidate becomes 
alive again.
    Mr. Swalwell. So, let's just talk about pieces of it, and I 
guess you can tell me if you support it. You probably want less 
bureaucracy, right?
    Mr. Shapiro. I do.
    Mr. Swalwell. I want less bureaucracy. You want more 
efficiency?
    Mr. Shapiro. I do.
    Mr. Swalwell. I want less--more efficiency. You want 
taxpayer money spent wisely?
    Mr. Shapiro. I do. Congrats on becoming a Republican.
    Mr. Swalwell. My parents would be proud. Mass deportations, 
it calls for that. Do you support that part?
    Mr. Shapiro. I support the deportation of any illegal 
immigrant who is in the United States who is not of benefit to 
the generalized American public.
    Mr. Swalwell. So, if they are picking agriculture that puts 
food on the tables of everyday Americans, they have never 
committed a crime inside the United States, they didn't come 
across with documents. Should they be deported?
    Mr. Shapiro. If they have not paid taxes and if their draw 
on the taxpayers' benefits is larger than the contribution they 
are making to the economy or if they are involved in criminal 
activity, they should be deported.
    Mr. Swalwell. How do we measure that?
    Mr. Shapiro. The same way that the IRS measures my income 
every year. It seems like if the IRS can track down every 
aspect of every receipt that I have ever submitted--
    Mr. Swalwell. So, if they were willing--
    Mr. Shapiro. They can do so for hundreds of millions of 
other Americans, they can do that for illegal immigrants as 
well, except for the fact that no one knows how many are in the 
country, thanks to this Administration.
    Mr. Swalwell. So, you would be cool with creating a system 
where they could pay those taxes is, they wanted to and then 
stay and work and put food on our table.
    Mr. Shapiro. It depends on how long it would take for them 
to pay the taxes, and they would also have to go presumably to 
the back of the line, although I am not sure why I am 
testifying about immigration policy at this point.
    Mr. Swalwell. How about banning the abortion pill, that is 
part of Project 2025, do you support that part?
    Mr. Shapiro. I think that this is a State-by-State issue on 
a personal level.
    Mr. Swalwell. I am just asking you.
    Mr. Shapiro. Sure. I am a fully pro-life person, which 
means that I am not in favor of the distribution of the 
abortion pill.
    Mr. Swalwell. Banning same-sex marriage, what about that 
part?
    Mr. Shapiro. I am in favor of traditional marriage between 
a man and a woman, and I am perfectly fine with anyone having 
any sort of voluntary sexual arrangement they seek. That is a 
different thing from whether the government should attach 
benefits to that personal relationship.
    Mr. Swalwell. You think it is a sin to have same-sex 
marriage.
    Mr. Shapiro. I am confused. Are you asking me as a 
religious Jew what I think about biblically?
    Mr. Swalwell. I am just asking is it a sin to be gay.
    Mr. Shapiro. Is it a sin to be gay? How long do we have 
here, two minutes? If the basic idea is that sexual orientation 
is up for government regulation, I am not in favor of the 
government regulating the private consenting sexual activity of 
adults.
    That is a different thing, once again, from whether the 
government ought to engage in actual benefits for particular 
sexual arrangements that adults make.
    Mr. Swalwell. Again, just you to me, is it a sin or not?
    Mr. Shapiro. From a religious Jewish perspective, 
orientation is not a sin, but activity is. That is also the 
same perspective of most major religious, so far as I am aware.
    Mr. Swalwell. OK. How about cutting Social Security, do you 
support that part of 2025?
    Mr. Shapiro. I am not sure what Project 2025's position on 
Social Security is. I am in favor of the restructuring of 
Social Security along the lines of privatization and lowering--
and increasing the retirement age.
    Because you, as well as every other Congressperson, know 
Social Security is going to go bankrupt, and yet everyone seems 
to have an interest in lying about it for the next decade and a 
half until we have to take austerity measures or radically 
increase inflation or taxes.
    Mr. Swalwell. Bans against books about slavery, do you 
support that part about?
    Mr. Shapiro. Why would I possibly be in favor of bans about 
books about slavery? That would be absolutely ridiculous.
    What I am in favor of is the idea that school libraries 
should be able to make decisions along the lines of what 
exactly is appropriate for, say, a seventh grader and whether 
they ought to be treated to cartoons in Gender Queer. That is 
not quite the same thing.
    Mr. Swalwell. Just because we found some receipts, you did 
say I think homosexual activity is a sin.
    Mr. Shapiro. Yes, I am religious Jew; that's true.
    Mr. Swalwell. I am sure there is a genetic component--
    Mr. Shapiro. You found me out.
    Mr. Swalwell. --sexual orientation, but the view of all 
religious people I know has always been that sexual behavior is 
something that is up to you. You said, ``I may have a desire to 
sleep with many women, but I do not.''
    Mr. Shapiro. I agree with me, yes. Yes, that is true.
    Mr. Swalwell. Congratulations on your, yes. I am sure it is 
very hard to restrain yourself.
    Mr. Chair, I just want to shift to Alvin Bragg. He was 
supposed to be here this week, and he is not coming. Hunter 
Biden was supposed to testify, and now he is not testifying. We 
were supposed to have votes on Articles of Impeachment and we 
didn't.
    Again, we are just wondering, you guys write great press 
releases, but the payoff seems to never come. So, I guess we 
will keep waiting and we will do hearings like this.
    Mr. McClintock. The gentleman's--
    Mr. Swalwell. Finally, Chair, you cannot yell fire in a 
crowded theater, but--and that is a restriction of speech, as 
you have recognized before. You can theater in a crowded fire. 
You can continue to do that all you want, and we will just 
waste the American people's time.
    Mr. McClintock. The gentleman's time is expired. I remind 
him of the first rule of holes: When you are in one, stop 
digging.
    The Chair recognizes Ms. Lee for five minutes.
    Ms. Lee. Mr. Shapiro, we have heard a lot today from our 
colleagues across the aisle and your fellow witnesses about the 
need for brands to avoid placement against or association with 
controversial content. The examples that we have heard cited 
are truly despicable: Child sex abuse materials, terror 
threats, foreign propaganda, promotion and funding of criminal 
activity.
    So, just to be clear, you have had personal experience 
being targeted by these collusive activities and the 
limitations of advertising. So, let's clarify, The Daily Wire 
and its associated content, do you include any child sex abuse 
materials on your website?
    Mr. Shapiro. No, we certainly do not.
    Ms. Lee. Do you promote terrorist activities or ISIS 
videos?
    Mr. Shapiro. No, we certainly do not, unlike some Members 
of the Democratic Party, who seem to be--
    Ms. Lee. Do you promote or fund-raising for criminal 
conduct?
    Mr. Shapiro. We do not.
    Ms. Lee. Do you share foreign propaganda?
    Mr. Shapiro. We do not.
    Ms. Lee. In fact, Mr. Shapiro, is it not true that The 
Daily Wire website associated content and social media involve 
none of those things are instead a reflection of mainstream 
conservative ideas and thought?
    Mr. Shapiro. That is correct.
    Ms. Lee. I would also like to discuss the concept of 
advertiser engagement and return on investment. Do you have any 
knowledge or information about the level of audience engagement 
with advertisers who do choose to advertise on your platforms?
    Mr. Shapiro. Thank God, we have extraordinary levels of 
advertiser engagement with our audiences, which is why we 
continue to maintain a significant ad presence despite the 
obstacles we have discussed today.
    Ms. Lee. If an advertiser were making a market-based 
decision, do you have--a decision based on actual economic 
input and engagement with the content consumers--do you have 
any information or opinion about whether that return on 
investment is a good one if they engage with The Daily Wire?
    Mr. Shapiro. I am obviously biased in this matter, but I 
obviously think it would be an excellent investment. We have 
heard from certain advertisers that what they actually would 
like is some sort of cover and less public pressure on them so 
they can make market-based decisions.
    Ms. Lee. Now, in your experience, you have actually had 
your own content limited or removed or censored, have you not?
    Mr. Shapiro. We have.
    Ms. Lee. Would you share with us some of the examples of 
content that you have had limited or censored?
    Mr. Shapiro. Well, let's see. I had about 4,000 of them, 
seriously about 4,000 content enforcements across our various 
YouTube channels. We have actually had to engage in self-
enforcement because the corresponding information we are 
getting from social media is so poor.
    So, one of the things that we have had to do in past is 
sort of prospectively remove material in the hopes that we will 
not be demonetized if we do so.
    Some of those matters have been, for example, describing 
the geography of the Philadelphi Corridor, which is the border 
between Israel and Egypt in the Gaza Strip. That could get us 
demonetized. Any mention whatsoever of a man not being a woman, 
that will get you demonetized on YouTube, for example.
    As I have mentioned, when you are demonetized, it is not 
merely that you are demonetized. That YouTube then has an 
interest in preventing the dissemination of your message. So, 
the number of people who will actually see your particular 
video will be lower than if you are a monetized video.
    We have example after example of this. I mentioned in my 
testimony that Matt Walsh, a fellow host over at The Daily 
Wire, he was fully demonetized on YouTube for pointing out that 
men are not women, for example.
    Ms. Lee. So, is it correct to say, then, that the collusive 
activity by advertisers to choose to limit or choose to 
restrict utilizing your platforms, it has both a monetary 
impact and a potential impact on your ability to reach new 
subscribers and viewers?
    Mr. Shapiro. That is certainly true.
    Ms. Lee. Now, you touched earlier on the fact that you have 
obviously been able to transcend these types of barriers in 
your own business operation, but you touched earlier on the 
type of detrimental effect that this has on a new or startup 
company.
    Could you explain to us exactly how this type of conduct or 
this type of collusion can inhibit the ability of new companies 
to form or new thoughts or ideas to actually reach the American 
public?
    Mr. Shapiro. Sure. So, let's take a look at a startup 
conservative media company, and GARM decides to apply its 
misinformation standards, which are extraordinarily broad and 
subjectively defined, to that conservative startup media 
company.
    They have to extraordinarily careful of what they say, to 
the extent that they may not report material that they think 
will be detrimental to them. We have been demonetized in the 
past for even pointing out something that has now become 
patently obvious to the American people, the mental decline of 
the President of the United States.
    If you are a startup media outlet and you are focused in on 
something like that, the possibility that you will then be 
demonetized by a social media platform based on GARM removing 
its advertising using its standards, telling its advertisers 
not to advertise on these particular platforms, that is going 
to deprive you of the advertising revenue necessary to actually 
build your operation, get new reporters, hire new opinion 
writers, and then do the actual marketing on your own that you 
would want to achieve market share.
    Ms. Lee. You go all over the world and give talks and 
engage with everyday citizens about the issues that are of 
interest and concern to them. In your opinion and experience, 
are those issues you just touched on, are they of interest to 
people about, and just in general the political discourse of 
things they want to hear content about today.
    Mr. Shapiro. They certainly are of interest. I find it a 
mass puzzle as to why the advertising market, if there is no 
sort of at least informal collusion between them, have deprived 
the advertising revenue from literally have the American 
public.
    Mr. McClintock. The gentlelady's time has expired. With--
    Mr. Nadler. Mr. Chair?
    Mr. McClintock. For what purpose does the gentleman--
    Mr. Nadler. Mr. Chair, I need to speak to my colleague's 
comments about Professor Waller. He misrepresented and maligned 
the witness and falsely represented that the witness has 
something to do with the majority's far-reaching 
investigation--
    Mr. McClintock. Sir, is there a motion--
    Mr. Bishop. Point of order, Mr. Chair.
    Mr. Nadler. GARM testified over a month ago on all these--
    Mr. McClintock. The gentleman will--
    Mr. Nadler. The majority could have invited them to speak 
at this hearing, they did not.
    Mr. McClintock. The gentleman will suspend. The gentleman 
has a right to speak during his time, or if it is yielded on 
someone else's time. If there is no motion involved, the 
gentleman is not in order.
    Does the gentleman wish to pursue a point of order?
    Mr. Bishop. I withdraw, Mr. Chair.
    Mr. McClintock. The Committee will now stand in recess for 
five minutes to give the witnesses and the Members a break.
    [Whereupon, at 12:05 p.m., the Committee recessed, to 
reconvene at 12:19 p.m., the same day.]
    Chair Jordan. [Presiding.] The Committee will come to 
order. The Chair now recognizes the gentlelady from 
Pennsylvania.
    Ms. Scanlon. Thank you, Mr. Chair. When I was home in my 
district last week, I was not surprised to be approached by 
multiple constituents who were appalled by the radical 
decisions that had been issued recently by Mr. Trump's right-
wing Supreme Court, particularly the U.S. v. Trump decision 
which gutted the carefully constructed checks and balances on 
the presidency, which had been drafted by our founders, to 
ensure that Presidents would be held accountable for criminal 
activity and other dictatorial tendencies.
    I was more surprised at the number of constituents, and it 
was not small, who wanted to talk about the Trump court's 
decision to overrule the Chevron decision. Administrative law 
is not usually the first thing that I get approached on, but at 
picnics and out in the community, at the grocery store, the 
checkout clerk wanted to know about the Chevron decision. This 
is a doctrine that has required courts to defer to agencies 
with subject matter expertise when interpreting Congressional 
statutes.
    Last month, the court said that elected judges are not to 
defer to the agency experts and must substitute their own 
judgment when making those interpretations. At the same time, 
the court removed time limits for challenging agency 
regulations.
    So as my concerned constituents realized, these decisions 
seriously destabilize and damaged our regulatory system. After 
all, that is one of the chief objectives of the Trump 
transition plan, known as Project 2025, and it is wholly 
supported by the House's MAGA majority and the radical Trump 
court.
    Ordinary Americans are rightly concerned that these 
decisions have opened the door to attacks on regulations that 
have long kept us safe, that protect the air we breathe, the 
water we drink, the food we eat, the medications we take, that 
prevent businesses from cheating customers and that require 
employers to have safe work spaces.
    In addition to endangering American families, these 
decisions will introduce uncertainty into nearly every part of 
our economy. Over and over again, I hear from the businesses in 
my district, they want certainty.
    Businesses that have operated for decades in a stable, 
settled, regulatory environment will now have to adjust to an 
unstable and ever-changing landscape. This will raise costs to 
businesses and will raise barriers to entry for newer small 
firms.
    In the wake of these radical decisions, Americans want to 
see their representatives discussing how to keep them safe. 
They want to see us supporting bills like the Stop Corporate 
Capture Act, which codifies the Chevron doctrine and 
strengthens the Federal rulemaking process. This is what we 
should be discussing, not a podcaster's right to advertising 
revenue. That is what Judiciary Republicans want to spend our 
time and resources on. So, we are here today to discuss whether 
conservative commentators on websites have the right to an ad 
deal.
    Private companies are allowed to choose where they want to 
advertise. That is the free market which our MAGA Republican 
colleagues claim to revere, except when the free market rejects 
their deeply unpopular messages.
    We are here today because our MAGA colleagues and their 
right-wing-job allies cannot accept the fact that Americans and 
businesses are not buying what they are selling, chaos, 
conspiracy theories, and lies. Their websites are being 
rejected not because of censorship or antitrust violations. It 
is because their product stinks.
    They are the intellectual equivalent of an Edsel, maybe New 
Coke or perhaps Trump Water. If companies don't want their 
products advertised on a website that runs headlines like 
Disney's Not So Secret Antiwhite Agenda, that's up to them. 
It's embarrassing to demand the government guarantee ad revenue 
to extremist websites. These deals aren't handouts. They are 
earned.
    This Congress, Committee Republicans have used a corrupt 
interpretation of the Sherman Act to call any business activity 
they don't like illegal collusion. We saw the same nonsense at 
last month's hearing on responsible investing, or ESG, which 
many investment companies had implemented in response to 
consumer demand. Go figure.
    This is how House Judiciary Republicans have repeatedly 
wasted Congressional time and taxpayer dollars with absurd 
conspiracy theories, ignoring the results of their hearings, 
and then making wild claims.
    Mr. Waller, we hear a lot on this Committee about 
weaponiza-
tion. Can you speak about how antitrust law is being weaponized 
in this hearing for political purposes?
    Mr. Waller. What I can talk about is I have written and 
published and expressed concern going back several years about 
the misuse of antitrust for political purposes. I used examples 
from both the prior Democratic and prior Republican 
Administrations.
    Antitrust works best to preserve a competitive marketplace, 
to stop the abuse of power by dominant firms, and prevent 
mergers that are likely to be harmful to consumers, labor, and 
other groups and suppliers. That is not a Democrat or a 
Republican issue. That is just how the law has been for 130 
years.
    Ms. Scanlon. OK. Thank you. Thank you for your expertise. I 
yield back.
    Chair Jordan. The gentlelady yields back. The gentleman 
from North Carolina is recognized.
    Mr. Bishop. Thank you, Mr. Chair. Mr. Shapiro, I was struck 
by another example of what you described earlier accurately as 
projection in Mr. Swalwell's comments. The Democrats today are 
expressing solicitude for, and chastise the Majority for, 
chilling the sacred expressive rights of multinational 
conglomerates based in foreign capitals, but interrogates you 
about the intricacies of your religious beliefs on sexual 
morality. I apologize on his behalf.
    If it were genuine, I would sympathize with the objective 
of keeping famous brands out of controversy, that they stick to 
sports and entertainment. The World Federation of Advertisers 
and their GARM that they have created, their members--they and 
their members continue to seek--to involve themselves in highly 
controversial issues.
    Your colleague, Michael Knowles, in an article last year 
pointed out that InBev is a member WFA. The pretext for what we 
are talking about today is they want to keep their brands out 
of trouble, but they rolled out the Dylan Mulvaney campaign and 
destroyed the famous Bud Lite brand. They would tell us that 
the purpose of this organization, all these global 
conglomerates are members of, is to keep their brands out of 
trouble. Disney is a member of the WFA according to Mr. 
Knowles' article.
    The report that the Committee has issued discloses intense 
activity by GARM around Musk's purchase of Twitter. They didn't 
like that. Mr. Rakowitz in a February 2023 email joked to his 
colleagues about, ``being the idiot who challenged Musk on 
brand safety issues. Since then, Twitter is 80 percent below 
revenue forecast.'' I think that email can be taken a couple of 
ways. It sort of appears that he is actually patting himself on 
the back. He was called an idiot, but he is saying I am the 
genius who took Twitter down 80 percent of its revenue.
    There is also--one of the things that they didn't like 
about Twitter was that it--say Mr. Rakowitz also wrote that he 
had connected with members of GARM's steer team, these guys, 
about Mr. Musk's leadership of Twitter and Unilever, has 
``issues with overly partisan taste, e.g., Hunter Biden laptop 
exposure.''
    I think Mr. Tiffany was on to something earlier when he 
begged the question about interference in American elections. 
The question I think I would like to pose, I have heard a lot 
from my colleagues in the time I have been here, is about 
foreign malign influence.
    The Hunter Biden laptop suppression very arguably had a 
significant impact on the outcome of the 2020 election. So, is 
this foreign malign influence? What determines whether foreign 
influence, from London for example, is malign?
    Mr. Shapiro. Again, I think that one of the big problems 
here that we have is vague, unspecified subjective standards 
that are posing as pseudo-objective standards. Under that 
guise, all bias falls in one direction. When all the bias keeps 
falling in one direction, you start to suspect that actually 
the standard is not objective.
    Once again, the standards that are being used by GARM are, 
as stated by the titular head of GARM, are not aligned with the 
First Amendment. This is a person who was overtly criticized 
according to their report. The First Amendment itself talked 
about how those standards should not apply.
    So, why wouldn't he apply his own standards, or the 
standards of a political side of the aisle, to advertising 
dollars if they could. The use, again, of advertising dollars 
is a cudgel to shut down one political side of the aisle. The 
effects of that are quite clear, certainly on a wide variety of 
businesses on the right.
    Mr. Bishop. So, is it then--whether or no antitrust law as 
it currently exists extends to that, if foreign government or 
foreign-based political actors with global reach are using 
their economic power to limit the expressive rights of 
Americans, or certainly to intrude on and effect our electoral 
processes by favoring one political side or the other to the 
point of jumping and saying we don't like the Hunter Biden 
laptop being exposed, is that not a legitimate object for 
Congress certainly to look at? Then should Congress consider 
the extent of its regulatory power to protect American's 
expressive rights?
    Mr. Shapiro. Certainly, quite dangerous when you have the 
EU working with GARM to set standards for what companies can 
and cannot advertise or should not advertise while 
simultaneously attempting to regulate the social media 
companies. They are largely the recipients of those ad dollars.
    Mr. Bishop. What accounts for the solicitude of my 
colleagues, the Democrats, for the conglomerate--the 
international conglomerate's expressive rights, and their 
disregard for the expressive rights of ordinary Americans?
    Mr. Shapiro. Yes, the hypocrisy is rather glaring. As I 
said earlier, the shocking adherence to free market capitalism 
and freedom of consumer choice on the left side of the aisle 
today is something to behold. They have invoked it almost as 
commonly as they have invoked Project 2025 today, which frankly 
I am getting a little creeped out by. I think if they say it 
three times, then President Trump appears and challenges them 
to a golf match or something. It's like Beetlejuice.
    Mr. Bishop. It would be funny if it weren't so strange. 
Thank you.
    Chair Jordan. The gentlemen yields back. The gentlelady 
from Pennsylvania.
    Ms. Dean. Thank you, Mr. Chair. I thank all our guests for 
being here today. Professor Waller, I appreciate you being here 
and sharing your time and your expertise with us on these 
issues of antitrust. I thank you for setting this Committee 
straight when it comes to, as you put it, ``the consensus of 
understanding of antitrust laws by most courts and 
commentators.''
    It is critical that we combat misinformation faithfully and 
communicate the State of our law. It is also critical that we 
not lose sight of how the content underlying this hearing 
impacts businesses and people. Especially, my focus is children 
and other vulnerable groups as our lives move increasingly 
online.
    I want to read just briefly from the charter. It says we 
are committed to taking actions which better protect everyone, 
children, in particular, online and working toward a media 
environment where hate speech, bullying and disinformation is 
challenged and taking steps to ensure personal data is 
protected and used responsibly when given.
    That is a pretty critical mission. I care about that for my 
kids and my grandkids as we are all moving more and more 
online.
    Professor, what does your professional experience tell us 
about GARM's objectives and the need to safeguard against the 
worst kind of online content, child sex abuse material, 
terrorism-related content, and deliberate hate speech or 
misinformation?
    Mr. Waller. What I have heard today, particularly from the 
witnesses from the companies, is a concern that an antitrust 
agency or an antitrust court would take very seriously as a 
legitimate business concern about how the standards for GARM 
assist the company in making a unilateral decision about the 
types of advertising that would best serve their marketing and 
brand management strategies.
    So, I can't take it much past that. I am hearing something 
that a court or an agency would take seriously.
    Ms. Dean. I appreciate that. Mr. Patel and Mr. Juhl, maybe 
you could help me here. From your perspective, if businesses 
were required to place ads on certain platforms, what would 
that mean for your companies? If you are comfortable speaking 
to this issue that I just pointed out, I care deeply about, 
what do you think it would mean for child sexual abuse victims 
and survivors? Mr. Patel?
    Mr. Patel. First, what I would say is telling us where to 
invest wouldn't be the best return investment for our brands 
and how to build the equity of our brands in the U.S. would be 
the first response.
    We have a clear policy when it comes to where our brands 
agencies want. We don't want our brands to be near any harm. 
Like my testimony shared, there were examples of child abuse, 
et cetera, that brands like Dove should not be associated with 
and money invested against quite frankly.
    Ms. Dean. Can you give me an example of that, the ad 
placement?
    Mr. Patel. Yes. I think two years ago there was a Dove ad 
that was next to child abuse. We had a backlash, rightly so, 
from our Dove consumers to say why would the brand be 
associated in adjacency to that. That is why we do what we do 
on brand safety.
    Ms. Dean. I appreciate that. Mr. Juhl?
    Mr. Juhl. I believe the question was around if I was 
required to advertise on certain channels--
    Ms. Dean. Correct.
    Mr. Juhl. --what would be the impact on that? I would 
just--it would not be great for our business. Not great for 
free economy. Not great for the brands we represent that are 
trying to grow their own business. Each brand and each product 
and service try to connect with different audiences. It is up 
to them, and it is part of what we do, and honestly the 
trillion dollar media market that exists worldwide is about 
finding those audiences and how do you connect the brands with 
those people? To be forced into certain paths, it would sort of 
eliminate a free market.
    Ms. Dean. Do you have internal conversations around the 
possibility that your ad dollars could be used unwittingly to 
fund child sexual abuse material? Do you worry about that? Do 
you have conversations about it? Because certainly it is a high 
risk.
    Mr. Juhl. Absolutely. We worry and our clients worry. I 
spend most of my time talking to our clients about where their 
brand dollars show up and how they fund different kinds of 
content. Their No. 1 concern is about providing assurances that 
they are not doing societal harm.
    Ms. Dean. Mr. Patel?
    Mr. Patel. Yes. That is at the heart of the brand safety 
conversation.
    Ms. Dean. Absolutely. That is what we ought to be focused 
on here. How do we protect the online world that we are all now 
in? Not just through the economy and through businesses such as 
yours, but how do we protect our children against this. That is 
where this Committee ought to be working, not in the way we are 
today. Thank you all for your expertise. I yield back.
    Chair Jordan. The gentlelady yields back. The gentlelady 
from Indiana is recognized.
    Mrs. Spartz. Thank you, Mr. Chair, and thank you for doing 
this hearing. It's actually a very, very serious issue. I have 
personal experience, some of them I caused when I criticize 
failures of President Biden, of President Zelenskyy, of Jake 
Sullivan to deter Russia. I actually couldn't even post some of 
them or just to get traction. It was kind of interesting.
    So, I am sure that this is a various situation for a lot of 
people and for freedom of speech, for freedom of opinion, and 
we create a dictatorship of opinion, tyranny of opinion in our 
country. I agree with Professor Waller. That is not a 
traditional collaboration of cartel. That is not a traditional 
cartel too because we actually have government coercing 
businesses and using mechanism and businesses to restrain trade 
and take down competition. Very interesting.
    Actually, on the website of this organization, it talks it 
is first of its kind, cross-industry alliance. This is actually 
a flagship project of the Wall Economic Forum. We are creating 
a public-
private corporation framework. We are actually creating this 
global risk initiative. To control misinformation and 
disinformation, to shape the future of media entertainment and 
culture, and using organization like SEC, FTC, PCOB to take 
down competitors and businesses that don't agree with the 
dictatorship of opinion that would create--and actually it's 
kind of interesting I have to tell you. Under Karl Marx and 
Hayek, Communism Social, it is not a redistribution of wealth. 
That is control of means of production, centralized power. Now, 
we centralize in power in Washington, DC, by controlling means 
and production. Maybe not in the form but in the essence by 
using financial system, by using U.N. Climate Agenda and ESG 
which is very vague disclosure. By using global organization to 
coerce CEOs and businesses to be able to intimidate, to sign on 
to something that actually could be against the interest of 
their shareholders. This is very dangerous what we have right 
now creating the collusion of business and government.
    What my question is, as an American Congresswoman that have 
to protect American public interests and now investors, so I 
have a question for Mr. Shapiro. Don't you think if this 
company has actually signed on to this initiative, so global 
agenda initiatives that could be actually--this unusual 
collaboration could be actually harmful to shareholders because 
they can exclude? I think your organization, the daily action 
of business, your organization, Mr. Juhl, put The Daily Wire on 
the global high-risk exclusion list categorizes conspiracy 
theory interest in only conservative groups on that list. Kind 
of very interesting.
    Don't you think if we are going to include everyone who has 
a different views, conservative views in our country, that is a 
risk that companies, publicly traded companies should actually 
disclose?
    I think SEC need to tell them so American investors know do 
they want to invest in all these global initiatives and know 
that their pension funds are invested in these initiatives? 
Don't you think that is transparency that American public 
deserves and actually protect them because they might make your 
country boycott company bankrupt, because they now also 
colluded to take down boards, using some illegal tools by their 
interest in passive investment to become an active shareholder 
and against interest of the company.
    This is a pretty organized, very clever organized cartel. I 
agree. It never existed before. This is a very dangerous cartel 
to actually intimidate Americans and go after our First 
Amendment rights and freedom of speech and using money to do 
that.
    So, I have a little bit of minutes remaining, so I would 
like Mr. Shapiro to tell me, what are your thoughts? Do you 
think American people deserve at least transparency so they 
know where the money is going?
    Mr. Shapiro. That is my main concern. I think the lack of 
transparency is extraordinary. The question that I would have 
for some of my colleagues on the panel is can they name a 
single conservative outlet or conservative leaning host that 
they would deem to be brand safe on behalf of their 
advertisers. A single one, and if so, could they name them?
    Ms. Spartz. Yes, maybe that is something for Mr. Juhl? Do 
you know who is good? Because you excluded a lot of 
conservative media, your company. Which are not in your risk 
profile?
    Mr. Juhl. There are 600,000 sites in that exclusion list. A 
vast majority of those are made up of illegal content, IP 
infringement. We work very hard to make sure that we understand 
who those are and how we protect our brands from infringing on 
them.
    Ms. Spartz. Well, how do you have high level like very--
there is a lot of traction liberal groups on that list. Give me 
some examples because I only see conservatives' ones. So which 
ones?
    MSNBC, actually, part of this interest, MSNBC is part of 
your cartel. So, that's a convenient way. You want them to be 
part of your cartel. So, how does that work, to be no on the 
global exclusion.
    Chair Jordan. The gentleman can respond. The time for the 
gentlelady has expired. Does the gentleman wish to respond? I 
think the question was directed at Mr. Juhl.
    Mr. Juhl. The exclusion list is public. We have access to 
it. There are sites on both sides of it that are represented.
    Chair Jordan. The time for the gentlelady has expired. The 
gentlelady from Texas is recognized.
    Ms. Escobar. Thank you, Mr. Chair. I have lost count of the 
number of times we have convened this Committee to advance 
tired, debunked, and wholly irresponsible right-wing talking 
points, but here we are again today.
    This morning, my Republican colleagues are upset that 
private companies that prefer not to have their ads monetized 
online disinformation or disturbing content have established a 
task force to address their concerns.
    According to my Republican colleagues, these efforts harm 
conservative media. Let's be clear, this hearing is about 
Republican concerns over continuous drops in ad revenue on 
social media sites like X, formerly Twitter, whose CEO has done 
its best to make the site accommodating to hate speech, 
disinformation, antisemitism, adult content, and other 
inappropriate material since buying Twitter in 2022.
    Concerned companies have paused advertising on the site or 
walked away from advertising on X altogether to preserve their 
brand safety and their brand's reputation. This has angered my 
Republican colleagues who do not want companies to have the 
freedom to make decisions in their own best interests.
    Apparently, they now hate the free market, which is an 
incredible turnaround. I have a question for Mr. Juhl and Mr. 
Patel.
    One antisemitic conspiracy theory that has proliferated in 
certain quarters of the internet is the so-called Great 
Replacement Theory, which claims that Jewish people are 
orchestrating mass immigration to replace the White population. 
Can you explain why global brands would not their 
advertisements to be associated with publications or 
individuals who promote the racist Great Replacement Theory? 
Mr. Patel, I will ask you first.
    Mr. Patel. Well, first, we want to invest our marketing 
investment into the brands with the target audience that we go 
after. That type of content wouldn't fit with what the brands 
stand for and what our consumers would expect from the brand.
    Ms. Escobar. Mr. Juhl?
    Mr. Juhl. As I said earlier, brands spend billions of 
dollars over decades building trust with consumers about the 
products and services that they bring to market. That's how 
they build their companies. That's what advertising does.
    They take that and put that next to content that is 
incredibly polarizing and divisive and think of the frame of 
mind of the consumers that are looking at that. That is a bad 
association. We want to create good associations between 
products and services in the consumers.
    It is not about the content in terms of being conservative 
or progressive. It is about the nature of news and the 
divisiveness that exists right now. So, that's why overall news 
spend has come down to low single digits overall.
    It isn't about progressive or conservative. It is about the 
frame of mind of creating positive associations for our brands 
and our consumers so that they can have the productive 
conversations they want to have and continue the brand growth 
over time.
    Ms. Escobar. Wouldn't you say it is also about your bottom 
line?
    Mr. Juhl. Absolutely.
    Ms. Escobar. What would happen if you have heard the debate 
happening here on this dais all day. You have heard the 
questions from my colleagues on the other side of the aisle. 
You can sort of see the intention and where they are trying to 
drive this conversation. They want to ensure that you are 
forced to do what they want you to do. What would that do to 
your brand and to your business and to your bottom line? Mr. 
Patel?
    Mr. Patel. So, first, it would severely impact the brand 
equity and what the brand stands for as we built these brands 
over decades and decades with substantial investment.
    Second, we would get a consumer backlash because they 
couldn't associate the brand with the content.
    Third, the bottom line impact would be lost sales. We are 
very proud to be serving 90 percent of American households 
today with our portfolio.
    Ms. Escobar. I appreciate it. I am running out of time. I 
will just say this. You have heard a couple of members mention 
Project 2025. There have been some jokes made about it, and we 
have seen some of my colleagues try to run away from it.
    The whole point of our bringing this up to the American 
people as we have seen today is that there is an effort by our 
colleagues on the other side of the aisle to force their will 
on the American public and American businesses. It is 
terrifying. I yield back.
    Chair Jordan. The gentlelady yields back. The Chair now 
recognizes the soon to be Governor of North Dakota, Mr. 
Armstrong.
    Mr. Armstrong. Thank you, Mr. Chair. I didn't know we were 
going to talk Chevron deference. I didn't know we were going to 
talk consumer welfare standard and antitrust, which we have an 
entire FTC that has decided that is no longer the standard 
anymore.
    I think sometimes when we talk about this stuff, when you 
live it, and you do it, Mr. Shapiro, you are not asking 
Congress to force any particular advertiser to advertise on 
your show, are you?
    Mr. Shapiro. No, I certainly am not.
    Mr. Armstrong. This isn't a debate and conversation we are 
having right now isn't as simple as an advertiser calling you 
and saying, hey, I am not going to re-up my next contract 
because my ad revenue is not generating what we are doing.
    Mr. Shapiro. That is a normal course of business. It has 
happened from time to time.
    Mr. Armstrong. It is not as simple as we can talk Shrank 
and Brandenburg and fire in a crowded theater, but one of the 
times you can yell fire in a crowded theater is if you see 
smoke. Like, that is truly what the decision means. There is an 
eminence requirement. I have been off judiciary for a while. I 
haven't gotten to give my speech on fire in a crowded theater 
is not actually the law. From there.
    So, we talk about demonetization. We do all these things. 
Explain how it works. Like you are a businessman. You provide 
content. You have over a million paid subscribers, I believe?
    Mr. Shapiro. Yes.
    Mr. Armstrong. You understand your demographics. You 
understand that has a value add. So, explain how this works and 
why it is a problem.
    Mr. Shapiro. OK. So, the way the demonetization typically 
works is that we are notified by YouTube, for example, that 
programmatic ads will no longer be placed in the content on a 
particular video. We have also had videos that are taken down 
by YouTube for the same sorts of reason because they are trying 
to provide what GARM would call a brand safe environment. So, 
they will censor those videos, or they will restrict the reach 
of those videos. So, it is not just that they will receive less 
revenue, it is also that the messages that are being 
disseminated in those videos see less audience.
    This has become sort of a common practice. I mentioned 
earlier we have had probably 4,000 content enforcements across 
our various YouTube channels based on some of the most 
innocuous statements that I have ever made or that some of our 
other hosts have ever made.
    That demonetization is not just a matter of removing 
prospective advertising dollars from the pockets of particular 
outlets. It is a matter of also shrinking the reach of 
particular accounts such as violating sort of censorship 
generally, those sorts of general standards.
    Mr. Armstrong. Ultimately, what it does is it forces 
companies to make decisions as to whether or not they are going 
to change their content.
    Mr. Shapiro. Absolutely, we do that all the time. Not only 
that, but outlets like YouTube also actually attempted to 
demonetize or restrict your video if you mention that you are 
doing that.
    If you say I can't talk about this issue on YouTube because 
I am going to go talk about it over at The Daily Wire, they 
will then demonetize the video for you mentioning that there is 
another place where they could receive that content.
    Mr. Armstrong. Have you seen any metric in any of these--
how all this works that says this is--you talk about arbitrary 
all those different rules.
    Mr. Shapiro. Capricious, yes.
    Mr. Armstrong. Is there any evidence whatsoever that this 
is applied even handedly at all?
    Mr. Shapiro. I have extraordinarily little evidence that 
the sort of advertiser standards that GARM spells out have been 
applied to my friends on the other side of the aisle. Some of 
them aren't my friends. People who oppose me or oppose my 
agenda.
    Again, that the proof is in the pudding. There have been 
zero questions about advertiser pullouts from MSNBC or CNN. 
Those questions are routinely asked with regard to people on 
the right side of the aisle.
    I will once again ask for advertisers, please name an 
outlet on the right side of the aisle that you would deem brand 
safe.
    Mr. Armstrong. That is my point. This isn't a particular 
advertiser choosing not to advertise on a particular show or a 
particular medium. This is widespread throughout the industry, 
which is eventually trying to create the content.
    It would be easier to deal with this--we talk about 
misinformation and disinformation and all that, but we have 
also been in these hearings where they were censoring 
malinformation, which is a brand-new word, which is actually 
true information that isn't being used in what they deem the 
correct context.
    Mr. Shapiro. That is correct.
    Mr. Armstrong. So, we conflate the First Amendment and 
censorship and all these different things at different times. 
Eventually where we have to end up here is in a space where 
there is the ability for people who have thought and have on 
the other side of the aisle to be able to participate in a 
marketplace in a way that is fundamentally fair. I don't think 
advertisers are making these decisions based on where they are 
reaching the most customers.
    Mr. Shapiro. I think that there is a lot of fear that goes 
into it, and that there has been a bait and switch that has 
been played by some Members of the Democratic Party in going 
after social media companies and threatening a different 
incentive structure, suggesting that if they put their ad 
dollars the wrong way or set their standards the wrong way, 
they are going to be regulated. They are going to be targeted. 
Then, the minute that anybody says that is happening, then the 
answer is you are not putting pressure on advertisers. How dare 
you invoke principles of free speech while attempting to tread 
on it.
    Mr. Armstrong. Yes. No, oftentimes they just hire former 
FBI agents to do the compliance in their own social media 
company. With that, I yield back.
    Chair Jordan. The gentleman yields back. The gentlelady 
from North Carolina is recognized.
    Ms. Ross. Thank you, Mr. Chair. I would like unanimous 
consent to introduce into the record, ``A Fake Tweet Sparked 
Panic at Eli Lilly and May Have Cost Twitter Millions.'' I have 
it right here.
    Chair Jordan. No objection.
    Ms. Ross. Thank you. Thanks to all the witnesses for being 
here today.
    I actually thought that Republicans were supposed to be 
proponents of the free market. Now, I see I was mistaken 
because the majority of this Committee appears intent on having 
independent companies run ads on their favorite conservative 
media platforms.
    I hate to break it to my colleagues across the aisle, but 
company's decisions not to advertise on conservative platforms, 
as we have heard today, is because they are concerned about 
being associated with the content on those platforms. That 
content can hurt your brand and your revenue. That is not an 
antitrust violation. That is the free market doing its work.
    It is also not an antitrust violation for these companies 
to be members of the Global Alliance for Responsible Media. 
They are not forced to do that.
    GARM is an organization that, as Professor Waller notes in 
his written testimony, does not appear to function as a trade 
association or even a traditional standard setting body. 
Professor Waller also notes that GARM's members, for the most 
part, don't compete with each other. Rather GARM's members are 
freely associating a First Amendment right. It is explicitly 
protected by the First Amendment.
    So, the majority and Mr. Shapiro allege that GARM is 
helping advertisers collude in violation of our competition 
laws. I quote Mr. Shapiro, ``Prevent anyone from disseminating 
information they don't preapprove.''
    However, GARM's members lack this kind of power. They are 
not gatekeepers for online information. Even if they did have 
this power, the revenue Mr. Shapiro's own company and 
popularity of his podcast undermine this argument.
    However, even if there was collusion, which there is not, 
that could be protected by the First Amendment, by the right to 
association and the right to speak or not to speak.
    Isn't that right, Professor Waller? Because the Sherman Act 
was never intended to restrain the First Amendment expressive 
actions like group boycotts. Is that correct?
    Mr. Waller. Yes. The First Amendment in antitrust operates 
more as a shield rather than a sword. Companies are allowed to 
work together or individually to seek governmental action, to 
persuade the public on matters that are of concern to them.
    Ms. Ross. Professor Waller, even if it made sense to 
characterize GARM's conduct as a boycott, would that make any 
difference under the law?
    Mr. Waller. No. You would have the same issues that we have 
talked about. There would have to be an agreement. You would 
have to have some substantial harm to competition. In general, 
you would have to have a lack of legitimate business 
justification.
    Ms. Ross. OK. The courts have been consistent about this. 
Is there any kind of big split in the circuit, big controversy 
over this?
    Mr. Waller. Not that I am aware of. Over the last 60 years, 
there was a time where if you called something a boycott, it 
would be treated as per se. Over time, the courts have just 
backed off and said, we really--unless it is part of a--like 
enforcing a cartel, it is really a case-by-case basis where you 
balance the harm against the justifications involved.
    Ms. Ross. The situation with GARM and it's going on with 
advertisers wouldn't even come close to meeting these antitrust 
standards.
    Mr. Waller. In terms of the publicly available information, 
what I have heard today, no.
    Ms. Ross. Thank you. I yield back.
    Chair Jordan. The gentlelady yields back. The gentleman 
from New Jersey is recognized.
    Mr. Van Drew. Thank you, Mr. Chair. Let me be clear at the 
outset here because I have heard some things, words on the 
other side that don't make sense. Nobody here, and we all know 
this. I shouldn't even have to say it. Nobody here believes in 
advocating for child pornography or violence or glamorizing 
harm to others or human rights. We are supportive. Nobody here 
is antisemitic.
    For that matter, X is not accommodating hate speech or 
porno-graphy. They just let everything be heard, everything 
that is in the free marketplace of ideas. We are proponents. We 
keep hearing, oh, you are not proponents of the free 
marketplace. The very reason we are here is because we are 
proponents of the free marketplace.
    The very problem that you have and what you do is you are 
stopping the free marketplace not only of goods and services 
but of ideas. That is what America is based on, a freedom of 
ideas. It doesn't matter if you are conservative, if you are 
progressive, if you are liberal. It doesn't matter what you 
believe as long as you are allowed to express yourself and let 
the consumer of those ideas or those products be the one to 
judge what they want to do.
    The whole damn thing sounds like some kind of grand 
conspiracy theory. It is like a bad James Bond movie. I can't 
believe it. A global cartel--and this is what it really is, the 
plain words, it is a global cartel controlling what we see, the 
news we consumer, and the posts that we engage with.
    The power isn't that you tell them no. You don't go to an 
individual business and say no you can't do this. They know 
very well that this is not what it is. It is their rating 
system. So, businesses are busy being businesses. They look at 
a rating system. If you get a low number, they figure you 
probably shouldn't advertise on there.
    It amazes me that conservative viewpoints get out there at 
all. It amazes me that this election is even close. It amazes 
me that people do have alternative ideas. Everybody has an 
iPhone? Almost everybody does. Do you ever go to Apple News on 
the iPhone? I do all the time because I want to hear what they 
are saying.
    Ninety some percent of the time, it is obviously, 
blatantly, left. You should hear both sides. That is what this 
is about. Unelected, unseen, it is undeniably a true threat to 
freedom. GARM wields tremendous power. It controls, and you 
know this already, 90 percent of global advertising, almost $1 
trillion. We have concrete evidence. We are not making this 
stuff up, of GARM organizing boycotts, like the one against 
Twitter because of Elon Musk's acquisition, which the left used 
to love Elon Musk because he is electric cars. He is all about 
it. Now they don't, because he believes in individual freedom.
    He also pressured Spotify to penalize Joe Rogan for 
expressing views on COVID-19 vaccines despite not having a 
direct brand concern. It is your concern. It is your ideas. You 
want to change America. That is the truth. You want to change 
America as we know it. It is not protecting brands. It is 
silencing dissenting viewpoints.
    Internal documents reveal coordinated efforts to demonetize 
conservative news outlets, Fox News, Daily Wire, and Breitbart, 
simply because they don't align with your ideas because you 
want to change America.
    This is blatant partisanship. It undermines the very 
foundation of our freedom of speech. It is everything what 
America is about, freedom. All those ideas in the marketplace, 
left, right, middle, everybody should hear everything. You 
shouldn't rate them just on the basis of that.
    We know up to the 2020 election, GARM members actively 
flagged and suppressed political ads from then President Trump 
as misinformation.
    There are so many questions, I am going to put them in for 
the record. Let me ask this. Mr. Shapiro, NewsGuard ranked 
leftist media organizations on average a 91, left organizations 
on a 0-100 scale, right leaning organizations a 66. Can you 
name a few examples, and I know you can, of leftist news sites 
and newspapers who have published verifiably false stories, yet 
still receive a high grade from you all because you want to 
change America? Can you name some?
    Mr. Shapiro. The list is extraordinarily long obviously. 
CNN targeting the kids at Covington Catholic would be a 
perfectly obvious example in which they lost a massive lawsuit 
to one of those kids.
    The attempt to treat the White House as a favorite talking 
point of chief fakes with regard to the President's mental 
wellness as actual fact, which has been the sort of case for 
the last couple of weeks.
    That is leaving aside opinion host like Joy Red who 
routinely says things that are extraordinarily, celebrating 
``white tears.'' These sorts of things happen all the time on 
the left, but that has never amounted to a massive ding in the 
rating. For example, MSNBC, Russian collusion, the idea that 
President Trump was himself some sort of Russian cat's paw, 
which was trotted out by the Democratic party as well as The 
New York Times for literally years on end. The list is endless, 
which is precisely why, if you look at the Gallup polls and 
levels of trust in media, levels of trust in media right now 
are at all-time lows. They were about 50 percent back in, say, 
2005. Today they are South of 30 percent. There is a reason for 
that. They have blown out their credibility. That doesn't seem 
to blow out their credibility with GARM or News-
Guard.
    Mr. Van Drew. Because they want to change America. I yield 
back.
    Chair Jordan. The time of the gentleman has expired. The 
gentlelady from Vermont is recognized.
    Ms. Balint. Thank you, Mr. Chair. Thank you to all the 
witnesses. I know you are all busy people. I appreciate your 
time here today.
    What I have gleaned from the hearing so far is that 
companies set up Global Alliance for Responsible Media out of 
commonsense, out of business sense, out of the bottom-line 
decisions and not essentially about ideology. I suspect many 
big corporations would advertise on hard right websites if it 
made business sense. It doesn't oftentimes make business sense 
and that is why companies make a different decision, and some 
of my colleagues are having a very difficult time accepting 
that.
    In the real world, most people, and I talk to constituents 
a lot, are very skeptical of conspiracy theories. They do not 
want to be on divisive platforms generally. They tend to unplug 
from news media generally right now because of the 
partisanship. They shy away from hate speech. They don't want 
to be fully engage day-to-day on divisive partisan politics.
    It follows that people get a negative impression of brands 
that are associated with that content. This is my understanding 
from everything that I have heard here today, this is at the 
heart of what you are talking about in terms of brand safety.
    So, we can't help that there are conservative corners of 
the web that are rife with hate speech and misogyny and, yes, 
some disinformation. It is simply a fact that companies 
operating in the free market have to contend with that. They 
have to make decisions about the situation that they are 
confronted with.
    As others have pointed out, I do think there is some 
hypocrisy at work here when my colleagues claim to care so 
passionately about the free market except when it tilts away 
from decisions that companies are making against posting 
advertisement on particular platforms that they think are not 
helping their bottom line.
    So, Mr. Patel, thank you so much for your time today. Why 
did Unilever decide to join GARM? Can you just take us through 
that quickly?
    Mr. Patel. Well, first, Unilever created the responsible 
framework in 2018, because there was a need to have safe 
content with social media platforms. Then, in 2019, GARM was 
built from 12 advertisers, six multimedia sites, and social 
platform sites and agencies. That was because they needed some 
sort of structure to say how would we define brand safety. That 
is how GARM was born. It was voluntary. It is up to the social 
media houses to decide on what content is uploaded and not.
    Ms. Balint. I appreciate that. You said it was based on 
need. Can you just flesh out for us, when you say the need, 
what was that need?
    Mr. Patel. The need was for advertisers to find--to make 
sure we have a safe place for our brands to be adjacent to 
content that we thought would be right for our consumers.
    Ms. Balint. So, there are risks to brands. Could you just 
give us one example of what that looks like when a decision is 
being made about your product and where it is placed. How does 
that potentially risk your brand?
    Mr. Patel. An example would be the Dove brand that for 20 
years has supported real beauty in the U.S. would be next to 
content that would be harmful to--shaming body shapes, which is 
not what the brand stands for.
    Ms. Balint. You mentioned that--I believe you said that 75 
percent of your $850 million ad budget is directed toward women 
in particular.
    Mr. Patel. Yes.
    Ms. Balint. So, does advertising on parts of the web that 
feature hate, prejudice, misogyny help you sell your products 
to women?
    Mr. Patel. No.
    Ms. Balint. Right? No.
    Mr. Patel. No.
    Ms. Balint. No.
    Mr. Patel. No.
    Ms. Balint. Because I can speak here as a Member of this 
Committee. I can also speak here as a woman, no. Right? So, we 
have lost the thread here on the commonsense. I think we have 
to cut through all the posturing here. Why would you want your 
brand next to speech that potentially is discriminatory toward 
women if most of your market that you are trying to sell to is 
women?
    Mr. Juhl, in your testimony, you describe an apolitical, 
industry-wide preference to advertise on sports and 
entertainment sites instead of news. Briefly, can you explain 
once again why that is?
    Mr. Juhl. It is similar to what Mr. Patel just said. We 
want to avoid divisive conversations and places where we have 
poor brand association.
    Ms. Balint. I really appreciate that. In conclusion, I 
would just like to say this is something that we all should 
take to heart, that the divisive partisanship and the fear 
mongering is not serving the Nation. It is also not serving our 
economy. Thank you. I yield back.
    Chair Jordan. The gentleman from Alabama is recognized.
    Mr. Moore. Thank you, Mr. Chair. I appreciate all the 
witnesses being here today. Mr. Patel, how much market share 
did you say you have in the United States? How many million 
dollars do you spend?
    Mr. Patel. We spent $850 million.
    Mr. Moore. Are any of those clients' big pharma, drug 
companies?
    Mr. Patel. No, sir.
    Mr. Moore. None at all?
    Mr. Patel. We spent our advertising on conventional media 
channels.
    Mr. Moore. When you are buying ads, are you placing ads for 
big pharma, for pharmaceutical companies or do you just?
    Mr. Patel. No, sir.
    Mr. Moore. OK. OK. Ben, I have got a quick question for 
you. We have heard a lot today about some experiences with GARM 
and the way they have treated certain conservative medias, or 
at least what appears to be a mistreatment of certain 
conservative medias.
    What about, how have those organizations, like say Global 
Disinformation Index and NewsGuard, how have they impacted you 
as a business owner?
    Mr. Shapiro. Well, GARM and other organizations like it 
have worked in conjunction with GDI and NewsGuard to set 
standards and, again, those standards are purportedly 
objective. In practice, they rarely are.
    So, NewsGuard, for example, has penalized us openly for 
being a conservative site. When we mention that we are actually 
honest about our biases, what they say is well, that means you 
are not objective as opposed to other outlets which claim to be 
objective and actually are biased toward the left, for example.
    So, when these standards are set, this is part of the 
problem that I would hope that Congress would help uncover, the 
lack of transparency in the standards is actually a weapon that 
is used against one side of the political aisle. I keep asking 
the question over and over and over again. Can NewsGuard name a 
major right-wing outlet or conservative outlet that it deems 
brand safe? Can GARM do the same because I certainly have seen 
no evidence that they have deemed say The New York Times or CNN 
brand unsafe in the same way that they would for conservative 
outlets?
    Mr. Moore. So, basically, you think liberal organizations 
are not being treated the same?
    Mr. Shapiro. Well, they are being whitelisted. I think that 
while it is clear it is true the amount of money is being spent 
in the ad market in news is declining, that does not mean that 
it is declining proportionately based on politics. That is not 
the case. A huge percentage of those ad dollars are still going 
to purportedly objective or left-wing outlets. Virtually none 
are going to right-wing outlets.
    Mr. Moore. In referencing Joe Rogan, he has been mentioned 
a couple times today, and I think when he said on his podcast 
that young males probably didn't need to vaccinate, I imagine 
that did impact a lot of the big pharma companies that do a lot 
of advertising. Do you see a scenario--that is what I was 
trying to get at with Mr. Patel. Do you see a scenario where 
the advertisers come to say a Spotify or whoever is buying bulk 
advertising for that certain group, and say, hey, this guy may 
hurt our market share and could you all quiet his voice a 
little bit?
    Mr. Shapiro. Again, I have only skimmed the report, but I 
believe there are explicit instances in their report in which 
GARM actually attempted to suppress particular messages on 
social media that were damaging to its product, meaning videos 
that, for example, criticized particular products, did a bad 
product review. They suggested perhaps these videos were 
violative of GARM standards.
    Mr. Moore. Mr. Juhl, I got a quick question here. One of 
your employees, John Montgomery, the Executive Vice President 
of Global Brand Safety, wrote a letter to the--he's the 
leader--he wrote a letter to the leader of GARM, Mr. Rakowitz, 
comparing The Daily Wire and Breitbart, he wrote, quote, as 
much as we hated their misguided opinion--or I am sorry, ``as 
much as we hated their ideology and expletive, we couldn't 
really justify blocking them for the misguided opinions.'' What 
ideology of The Daily Wire and Breitbart does your company hate 
exactly?
    Mr. Juhl. It is not an ideology that they are talking 
about. John Montgomery no longer works at the company. Really, 
what we are trying to do--
    Mr. Moore. You said we hated their ideology in the quote. 
So, what do you think--if he wasn't talking about ideology, 
what did he mean exactly?
    Mr. Juhl. I think that is an individual viewpoint that he 
was espousing. That is not the firm decision. It is not what 
GroupM's position is. I can't speak for GARM directly.
    Mr. Moore. So, Ben, do you think that Mr. Juhl is answering 
that correctly, that this is not their ideology? That is just 
one former employee's ideology?
    Mr. Shapiro. That letter does use the first-person plural, 
as in we, as opposed to I. So, the idea that he was speaking 
solely on his own behalf--well, also I believe in that email 
signing with his corporate title at the bottom of the email it 
sorts of renders belief that this is nonrepresentative of the 
generalized world view of the company of which he was an 
employee and in which capacity he was speaking.
    Mr. Moore. Ben, I have one thing. What is hate speech?
    Mr. Shapiro. This happens to be the biggest problem with 
label hate speech. That it has no specific definition. We have 
seen it weaponized by some people on the other side of the 
aisle today to sort of broadly cover everything from things 
that we would all agree are disgusting and terrible to things 
that are essentially mainstream world views, for example, the 
idea that biological men and biological women are separate 
categories. These have all been lumped together. This is the 
danger in setting up what are purportedly objective, pseudo 
objective standards that are far too broad and subjectively 
applied.
    Mr. Moore. I love how one of the Members of the Committee a 
while ago said she is a woman. I yield back, Mr. Chair.
    Chair Jordan. The gentleman yields back. The gentleman from 
California.
    Mr. Kiley. Thank you, Mr. Chair. I find it interesting that 
earlier today a Congresswoman on the other side of the dais was 
justifying advertiser boycotts of Twitter or X based on how 
unsavory the content is.
    I logged into X as she was speaking, and it turns out she 
has two active accounts. We have, I think, one of the most 
ideologically diverse Committees in Congress here. I haven't 
found anyone who isn't on the platform. I will yield right now 
if there is anyone who isn't on the platform, and you would 
like to identify yourself.
    President Biden is on X. AOC--Alexandria Ocasio-Cortez is 
on X. Gavin Newsome spends a ton of money advertising on X. You 
would think that if there was any group that was going to be 
sensitive to these sort of risks of being associated with 
content you disagree with, would be elected officials. We had 
essentially 0 percent of elected officials drop off of X, 
whereas we had 80 percent of advertisers pull back from X. So 
why is this?
    Well, the Committee's report shows why it is. There was an 
organized, centralized mechanism for causing advertisers to 
leave the platform.
    We have an email where one member company to WFA 
executives, says based on your recommendations, we have stopped 
all paid advertising on Twitter. One of those executives later 
boasted of causing an 80 percent below revenue forecast result 
for Twitter.
    So, you have been brought in, Mr. Waller, by the minority 
to talk about how none of this raises any real antitrust 
concerns. I think the issue is, and it is certainly a 
legitimate business interest to have brand-related concerns 
about where your content appears.
    When you decide to withdraw from a platform, you have to 
balance that consideration against the loss of economic 
opportunity for reaching a particular consumer base. So, just 
to ground it in a realworld example, Mr. Shapiro, how many 
people do you say access your platform across all the platforms 
you have?
    Mr. Shapiro. Speaking on behalf of just my own YouTube 
channel, we had about 50 million unique viewers over the last 
90 days or so.
    Mr. Kiley. OK. Let's take the example of a brand. We have 
headed many brands say ice creams. Presumably some of those 50 
million like ice cream?
    Mr. Shapiro. I would assume so, yes.
    Mr. Kiley. So, if you are an ice cream company, maybe you 
don't want to be associated with The Daily Wire for whatever 
reason. Maybe you have cultivated a particular liberal image. 
If you decide not to advertise on his platform, you have to 
weigh that brand-related consideration against the loss of the 
opportunity how to reach those 50 million people.
    Maybe that decision becomes easier for you if you know that 
you competitors are also not going to be advertising to those 
50 million people.
    Mr. Patel, you said that you took your advertisements off X 
for a time. Did you consider at that time whether your 
competitors were going to do the same thing?
    Mr. Patel. No, sir.
    Mr. Kiley. You had no consideration of that at all?
    Mr. Patel. No, sir.
    Mr. Kiley. Well, it seems to me it is sort of inherent in 
this global association that now exists that this assurance 
does exist to some degree. So, Mr. Waller, getting back to the 
antitrust issues, I am looking at the FTC's own websites here. 
It says a competitor restriction on the amount or content of 
advertising that is truthful and not deceptive may be illegal 
and evidence shows the restrictions of anticompetitive effects 
and lacks reasonable business justifications.
    They cite an order actually in a case involving the arbiter 
association that actually enjoined communications that 
regulated, restricted, impeded, declared unethical, interfered 
with, advised against advertising, or publishing.
    So, with that in view, and of the fact that we have sort of 
this coordinating mechanism that exists, that is centralized, 
that reaches different types of competitors and different types 
of industries. We have seen action where they act in concert to 
stop competing in a given segment, for example, the 50 billion 
people that Mr. Shapiro reaches, and this behavior perhaps 
redounds to the detriment of consumers looking at the 
traditional consumer welfare standard in antitrust law.
    For example, one of his listeners or readers might not 
learn about the latest ice cream flavor that is available and 
might go on eating the same old flavor. This is a consumer 
welfare consideration.
    So, why is this not a legitimate subject to antitrust 
scrutiny?
    Mr. Waller. That is a lot to unpack. Also, I am just here 
in my individual capacity. I don't speak for, nor could I speak 
for, the Federal Trade Commission.
    Companies are allowed. I will take Mr. Patel at his word 
that when he makes an advertising decision, he may or may not 
take into account what his competitors are doing.
    The mere fact that even if he did does not make that an 
antitrust violation. There are dozens of cases--
    Mr. Kiley. If he was assured that there was an association 
that they are all part of that is providing consistent advice 
as to where they should or should not advertise, does that 
change it?
    Mr. Waller. If he is making a truly independent decision, 
no that would not change things from a point of view of 
antitrust law.
    Also, I would expect that Mr. Shapiro's many watchers and 
listeners would be unaware of ice cream options just because 
there are no ads on that platform.
    Mr. Kiley. Well, that doesn't really matter. They would be 
more aware of them if they are available on the platform that 
they are using. So, that is the consumer welfare question.
    So, would you at least agree with me that if you are 
company that has brand-related concerns about a particular 
platform, it is a different calculus whether to continue 
advertising there if you know your competitors are also not 
going to continue to advertise there? It is a different 
calculus at that point, isn't it?
    Mr. Waller. It may be. The most important thing is whether 
it is an individual calculus or a concerted agreement.
    Mr. Kiley. I yield back. Thanks.
    Chair Jordan. It is hard to be an individual when 90 
percent of the advertising spend. The gentleman from Virginia 
is recognized.
    Mr. Cline. Thank you, Mr. Chair. We have heard a lot today 
about how large corporations, advertising agencies, and 
industry associations through GARM participated in boycotts and 
other coordinated actions to demonetize platforms, podcasts, 
and news outlets and other content deemed disfavored by GARM 
and its members.
    I am equally concerned by the insidious relationship 
between GARM partners and the government censorship by CISA. 
What we have learned is that GARM's ad-tech partner, Channel 
Factory, collaborated on a common lexicon for mis- and 
disinformation. Mr. Juhl, did GARM's ad-tech partner 
collaborate on this lexicon?
    Mr. Juhl. I can't speak to that. I am happy to speak to 
GroupM and what we do with our customers. I can't speak to 
GARM's ad-tech partners and third parties that they have 
solicited. It is an independent company.
    Mr. Cline. Well, CISA utilized GARM ad-tech partner Channel 
Factory to collaborate. Although GARM documents are unclear, 
what is clear is that the Channel Factory Lexicon was developed 
in conjunction with CISA. We have Global Chief Strategy Officer 
of Channel Factory Phil Cowdell sharing the lexicon with Mr. 
Rakowitz and writing the industry will need a common lexicon 
and detailed definition to make progress as an industry. 
Attached is the lexicon we developed with CISA and DHS, which 
may provide a useful starting point.
    Are you aware that DHS' cybersecurity and infrastructure 
security agency helped to develop this lexicon?
    Mr. Juhl. No, I'm not.
    Mr. Cline. Well, the lexicon detailed definitions that 
contribute to or cause mis- or disinformation, for example, 
cheap fakes or malicious doctored video where content is 
selectively edited is listed as a contributed force to the mis- 
or disinformation. The methods by which these definitions can 
be abused, especially through GARM, are clear. The Biden-Harris 
Administration, for example, has made claims that certain 
embarrassing videos of President Biden are so-called cheap 
fakes, which we now know many of which are not, in fact, cheap 
fakes but are an unfortunate reality and a serious condition.
    Mr. Shapiro, do you have any concerns with CISA's 
collaboration with GARM and the impact that has on censorship?
    Mr. Shapiro. This is where my chief concern was in contacts 
formal and informal between government actors and groups like 
GARM and their third-party contractors to define standards that 
act as essentially a cutout for violations of free speech.
    If the government were to directly do this, it would 
clearly be illegal. If the government instead puts pressure on 
private companies to do it, then that should also traditionally 
be illegal.
    Mr. Cline. Absolutely. We are seeing this collaboration 
come to light. In fact, it being misused by this Presidential 
Administration to suppress or redirect to what they allege to 
be misinformation, when it is an effort by the press to get to 
the truth.
    With that, Mr. Chair, I am going to yield you the balance 
of my time.
    Chair Jordan. I appreciate that. Mr. Patel, did Unilever 
ever advertise on The Daily Wire? Have you guys ever advertised 
there?
    Mr. Patel. I am not sure if we have ever advertised there. 
I don't know the answer to that.
    Chair Jordan. Mr. Juhl, any of the companies you represent 
ever advertise on The Daily Wire?
    Mr. Juhl. Not that I know of. If they wanted to, we would 
happily do it.
    Chair Jordan. If they wanted to, but you don't know that 
any of them have?
    Mr. Juhl. Yes.
    Chair Jordan. Is it like a--what did you just say, 50 
million viewers over the past 90 days is what Mr. Shapiro said 
at the front end? He said like 13 million followers that they 
have. There is a real audience there. What did you say your 
target group is, 18-48-year-old women, Mr. Patel?
    Mr. Patel. Yes, sir.
    Chair Jordan. Yes. Mr. Shapiro, you got any 18-48-year-old 
women of those 50 million people watching your stuff or those 
13 million followers, any of them 18-48-year-old women?
    Mr. Shapiro. According to our latest statistics, about 65 
percent of my listeners are between the ages of 18-44 and about 
a quarter of them are women.
    Chair Jordan. Yes, so that's a pretty big number. I mean 
you guys advertise--any of the companies, Mr. Juhl, advertise 
in say The Washington Post?
    Mr. Juhl. Yes.
    Chair Jordan. Do you advertise on The View?
    Mr. Juhl. Yes.
    Chair Jordan. Mr. Patel, same question?
    Mr. Patel. We tend to invest less than one percent on any--
    Chair Jordan. That wasn't the question. Do you advertise on 
The View? Do you advertise on The Washington Post? Any left-
leaning programs or platforms that are out there, do you 
advertise there?
    Mr. Patel. Yes, sir.
    Chair Jordan. OK. So, you do advertise there. You got a 
huge market here you don't. That's sort of the point. Because 
someone earlier, the gentlelady from Vermont said, ``this is 
all about business sense.'' Really? Because it seems to me if 
you got a platform where 50 million people are going to see Mr. 
Shapiro's videos, he got 13 million followers, that is pretty 
good--and a bunch of them are women.
    Mr. Nadler. Would the Chair yield for a moment?
    Chair Jordan. A bunch of them are women.
    Mr. Nadler. Would the Chair yield for a moment?
    Chair Jordan. It's not my time. It was yielded to me by Mr. 
Cline.
    Mr. Nadler. Would Mr. Cline yield for a moment?
    Chair Jordan. If Mr. Cline was here, I am sure he would. He 
is not, so I will try to get time. I know Mr. Fry is going to--
    Mr. Nadler. I need about 10 seconds.
    Chair Jordan. All right. The gentleman has 10 seconds.
    Mr. Nadler. Thank you. There was an allegation that GARM 
sites were collaborating. That is untrue. There is no 
connection between GARM sites. I yield back.
    Chair Jordan. The gentleman yields back. I think this is 
the point. The Chair now recognizes the gentlelady from 
Wyoming.
    Ms. Hageman. This is an article that I am reading from. It 
states there is a group of people who control what you are 
allowed to see, the news you read, the videos you watch, and 
the posts you engage with. You haven't heard of them. You don't 
know their names. They determine through methods both direct 
and indirect whether you are allowed to be exposed to 
particular messages. Their decisions can bankrupt companies, 
silence voices and fundamentally shift cultural norms.
    Who are these people and how do they do this? Well, it is 
the World Economic Forum, the World Federation of Advertisers, 
and the Global Alliance for Responsible Media that was created 
by them. I ask for unanimous consent to submit this article 
into the record.
    There are a couple of things that I believe need to be 
corrected. Mr. Waller, you indicated early in your testimony 
that these various companies do not compete with each other, 
but that is in fact untrue. Unilever competes with Proctor and 
Gamble for example. There are many other examples where these 
companies, in fact, do compete against each other. So, when 
they are conspiring or colluding with each other to actually 
cutoff conservative media, I think that there are absolutely 
antitrust considerations. Your willingness to just simply 
disregard that evidence is rather laughable in light of the 
information that has been brought to light today.
    Mr. Patel, you stated that Unilever seeks to avoid 
despicable content. That was what you stated in your testimony. 
Do you consider conservative media or philosophy to be 
despicable content?
    Mr. Patel. No, ma'am.
    Ms. Hageman. OK. Is GARM engaged in a political boycott of 
conservative media sources?
    Mr. Patel. GARM is not intended to represent Unilever on 
where it invests and where it doesn't invest.
    Ms. Hageman. That wasn't what my question was. My question 
was, is GARM engaged in a political boycott of conservative 
media sources?
    Mr. Patel. I'm not able to answer that question.
    Ms. Hageman. Mr. Juhl, is GARM engaged in a political 
boycott of conservative media sources?
    Mr. Juhl. Not that I'm aware of.
    Ms. Hageman. OK. So, then the testimony that GARM's actions 
are protected activity is not relevant to today's hearings. In 
fact, GARM's operations likely constitute antitrust violations.
    Mr. Shapiro, The Daily Wire covered the boycott of Bud 
Lite. In this instance, Bud Lite supported social policies 
which did not align with the values of many Americans. The 
facts were presented to the consumers, and they used their 
options that were available to select a different brand which 
did not offend their personal beliefs.
    This is different than when companies go into the shadows 
and use an organization such as GARM to organize a boycott to 
deprive consumers of the choice of where they get their news 
without the consumers ever even knowing that their choices are 
being limited. Wouldn't you agree?
    Mr. Shapiro. I do.
    Ms. Hageman. It is a very different circumstance when 
consumers engage in a boycott and when companies conspire to 
engage in a boycott based on the content or the philosophy of 
the news organization that they are boycotting.
    Is it appropriate for GARM or its members to get involved 
with content moderation? Mr. Shapiro?
    Mr. Shapiro. I believe that it is not. Companies should be 
able to do much of this on their own.
    Ms. Hageman. OK. In March 2022, there was an email from 
GARM cofounder and initiative lead Rob Rakowitz. Mr. Patel, do 
you know Mr. Rakowitz?
    Mr. Patel. No, ma'am.
    Ms. Hageman. Mr. Juhl, have you ever met Mr. Rakowitz?
    Mr. Juhl. No, I have not.
    Ms. Hageman. You both are on the board for GARM, is that 
correct?
    Mr. Juhl. We are on the advisory board.
    Mr. Patel. Yes.
    Ms. Hageman. You are on the advisory board, but you have 
never met the gentleman who put this organization together?
    Mr. Patel. We have a--at Unilever we have a senior member 
that sits on the board.
    Ms. Hageman. So, in his email, he talked about GARM's 
boycotting and strong arming of Twitter because it opposed Elon 
Musk and his free speech principles according to Mr. Rakowitz. 
He wrote that Unilever has ``issues with partisan takes such as 
the Hunter Biden laptop expose.'' Mr. Patel, was the Hunter 
Biden--information about the Hunter Biden laptop, was that a 
partisan take?
    Mr. Patel. No. That is not what GARM is designed to do. 
Unilever should not be involved in that conversation.
    Ms. Hageman. OK. Did your organization--did Unilever avoid 
advertising on any type of a website that attempted to expose 
the truth about the Hunter Biden laptop?
    Mr. Patel. No.
    Ms. Hageman. That you are aware of?
    Mr. Patel. No.
    Ms. Hageman. GARM did.
    Mr. Patel. GARM doesn't represent Unilever.
    Ms. Hageman. Unilever is a member of GARM?
    Mr. Patel. GARM doesn't represent how we invest our money.
    Ms. Hageman. I am out of time. I have no further questions. 
I yield back.
    Mr. Nadler. Mr. Chair, I have a unanimous consent request.
    Chair Jordan. The gentlelady yields back. The gentleman 
from New York is recognized, the Ranking Member.
    Mr. Nadler. Thank you, Chair. I ask unanimous consent to 
enter into the record the portion of the GARM transcript 
showing that all GARM members make their decisions 
independently.

        It is a tough position for advertisers because we have to 
        respect independence and freedom of companies. Every company 
        needs to make their own policies.

    Mr. Chair, if the majority wanted to ask about GARM's 
policies, they should have invited a witness from GARM who 
would have testified that all its members act independently. I 
yield back.
    Chair Jordan. We invited a witness from the steer team who 
direct how GARM operates. So, that is why Mr. Patel and Mr. 
Juhl are here.
    The gentleman from South Carolina is recognized.
    Mr. Fry. Mr. Chair, I yield to you two minutes, sir.
    Chair Jordan. I appreciate the gentleman yielding. I just 
want to go back to where we were. So, Mr. Patel, Unilever 
advertises in The Washington Post, on The View. Do you 
advertise on CNN?
    Mr. Patel. Very limited, sir.
    Chair Jordan. But you do.
    Mr. Patel. So, we are talking about three million of an 
$850 million budget.
    Chair Jordan. OK.
    Mr. Patel. On use.
    Chair Jordan. So, three million, just a little bit. All 
right, just a little bit, I guess, out of $850 million.
    OK. Do you advertise on Fox, Breitbart, or The Daily Wire, 
just to be clear again?
    Mr. Patel. We have a partnership with Fox at the strategic 
level.
    Chair Jordan. What does that mean?
    Mr. Patel. So, Fox is one of our strategic partners for 
sports and everything else.
    Chair Jordan. OK. Do you advertise on Fox News?
    Mr. Patel. No, sir.
    Chair Jordan. Not on Fox News. OK. Do you advertise on 
Breitbart?
    Mr. Patel. No, sir.
    Chair Jordan. Do you advertise on The Daily Wire?
    Mr. Patel. No, sir.
    Chair Jordan. Mr. Juhl, same questions. Do you advertise on 
Fox News, Breitbart, or The Daily Wire? Not Fox Sports.
    Mr. Juhl. We have a large partnership with Fox News.
    Chair Jordan. You do. OK? Some of your people do. Some of 
the clients you represent advertise there?
    Mr. Juhl. Absolutely.
    Chair Jordan. OK.
    Mr. Juhl. We have an ongoing dialog with Murdochs and Fox 
on a regular basis.
    Chair Jordan. What about Breitbart and Daily Wire?
    Mr. Juhl. They have not reached out to us directly to have 
a conversation.
    Chair Jordan. OK. You would welcome that? If Mr. Shapiro 
wanted to reach out to you and you would welcome that?
    Mr. Juhl. Of course.
    Chair Jordan. OK. That is good to know. Because the guy who 
you just fired, it sounds like, Mr. Montgomery, said that they 
should be blocking Fox, blocking The Daily Wire, and blocking 
Breitbart. Now, you want to reach out to them. That is good.
    Mr. Juhl. We are open to having dialogs with anybody. 
Again, GARM doesn't decide where the money is spent. We don't 
decide where the money is spent. Our clients decide. It is 
their budgets. They decide if that can help grow their 
audience.
    Chair Jordan. Mm-hmm. OK. All right. I yield back.
    Mr. Fry. Thank you, Mr. Chair. Just to piggyback and pick 
off from that, they make their own independent decisions, but 
you advise them. At least that was the case with Mr. Rakowitz, 
is that correct?
    Mr. Juhl. Our primary business is advising our clients on 
where they can connect with their audience.
    Mr. Fry. So, for instance, Mr. Rakowitz, one-on-one, can go 
to Unilever or Coca-Cola or somebody like that and talk about 
why it is reprehensible that Twitter does this or that things 
aren't taken down. He can advise those particular clients on 
why it is important not to advertise on particular sites, is 
that correct?
    Mr. Juhl. I can't really speak for what Mr. Rakowitz can 
and can't do. I assume he has those conversations.
    Mr. Fry. You can't speak to that? Why can't you speak to 
that?
    Mr. Juhl. I don't know what Mr. Rakowitz does.
    Mr. Fry. Well, let me ask you this. What sites--I think Mr. 
Shapiro laid out a pretty good question earlier. What 
conservative sites are considered brand safe according to your 
metrics? Name me like one, two, five. Fox? Fox News?
    Mr. Juhl. Sure.
    Mr. Fry. Fox News online or TV?
    Mr. Juhl. Both.
    Mr. Fry. Are any of their sites?
    Mr. Juhl. I don't have the full definition of what you 
consider conservative versus progressive. Like I said, there 
are 600,000 different sites that are listed. A vast majority of 
those are illegal.
    Mr. Fry. Right. They are public so I would assume that you 
have access to that just as much as I do, correct?
    Mr. Juhl. Sure.
    Mr. Fry. So, sites like John Stossel's website, that is a 
mandatory exclude. PragerU, The Federalist, Townhall, 
Breitbart, The Daily Caller, Newsmax, Washington Examiner, One 
America News, and tuckercarlson.com, those are all on the 
mandatory exclusion list?
    Mr. Juhl. I am not sure which sites are and are not on 
there, but we are happy to get back to you.
    Mr. Fry. Well, I would assume that you didn't just wake up 
out of bed and pop up into a Congressional Hearing today, 
correct? You prepared for this?
    Mr. Juhl. Yes, sir.
    Mr. Fry. This was not part of your preparation for a 
hearing today in front of this Committee to defend the actions 
of these entities and organizations? You never thought, your 
team never thought to look at and examine what sites were 
considered OK or not?
    Mr. Juhl. We looked at that, yes.
    Mr. Fry. So, you can't tell me today what sites, other than 
Fox News, what conservative sites are considered brand safe?
    Mr. Juhl. Not at this point, no.
    Mr. Fry. What liberal sites have been put on your risky 
list?
    Mr. Juhl. I am not aware of the specifics on the sites, 
sir.
    Mr. Fry. See, I just find that this is deeply troubling. 
This is why we have such a problem with it, with you and 
Unilever and everybody that is in here, is that you dance 
around this word salad that everything is OK. In the meantime, 
you have people like Mr. Rakowitz who call it reprehensible 
that a social media company won't take down what he deems 
harmful content.
    Do you see the problem here why the American people are 
distrustful of entities like yours and others who decide what 
content is safe and not, what content is problematic and not? 
It is the man behind the curtain. It is the Wizard of Oz. You 
are right in the middle of that and that is why people are 
distrustful of you.
    With that, Mr. Chair, I yield back.
    Chair Jordan. The gentleman yields back. The gentleman from 
Ohio is recognized.
    Mr. Rulli. I appreciate that, Chair. I appreciate all your 
time. I know it has been a couple hours since we have all been 
here.
    My point of focus is going to be directed at Mr. Patel.
    Mr. Rulli. The example used during the course of the day is 
Dove soap. So, I had no plans on asking a question until I 
started really thinking about Dove soap.
    So, my family has owned a grocery store since 1917. We have 
about 45,000 SKUs. It is a product I know really well. Growing 
up, my mom favored Dove soap. I don't think Dove soap has been 
in my house probably for over 15 years. We use Irish Spring 
now. I was trying to think to myself when is the last time I 
saw a Dove soap ad?
    Now, I am a conservative family, and I look at a lot of 
different outlets, whether it is online or whether it is TV or 
radio or everything you can imagine. I haven't heard a Dove 
soap ad in at least 10-20 years.
    So, if I was responsible for my shareholders, and I have to 
go there, and I have to answer them, if I am doing the best job 
possible, per your words, the protection of the brand, you are 
using these extreme examples of situations where the brand 
might be associated with a freak situation versus a normal 
family with kids. Now, we never see a Dove soap ad, ever.
    So, let's look at a couple of different things. In my 
family, I have a couple Democrats that are brothers. I love 
them like I love everyone. My mom made a rule. In our grocery 
business, we love Democrats as much as Republicans because she 
has brought up the example of Michael Jordan. Michael Jordan 
was asked to go against Ronald Reagan. The big media said you 
got to condemn Ronald Reagan for all the wrongs that he is 
doing. Michael Jordan responded to, even Republicans buy tennis 
shoes.
    So, Mr. Patel, even Republicans buy Dove soap. So, how do 
we sit here for hours and hours of testimony, how do you go to 
these shareholders of the Dove soap company and explain to them 
that we left out half of the population of America that doesn't 
deserve to see an ad to tell you how delightful Dove soap could 
be in your life? Your response, my friend.
    Mr. Patel. First, it is disappointing that you haven't 
bought soap for 15 years.
    Mr. Rulli. Dove soap.
    Mr. Patel. Dove soap. I would like to address that at some 
point.
    Mr. Rulli. Irish Spring.
    Mr. Patel. What I would share is that Dove as a brand has 
over 62 percent penetration in the U.S. That is agnostic of any 
conservative or liberal perspective. We advertise close to 
nearly 150 million on Dove. So, it is not a lack of advertising 
on the Dove brand. We make it very specific who we target, 
which is 18-49-year-old women.
    Mr. Rulli. I appreciate that. I would change my point of 
focus over to Mr. Shapiro and any response to that type of 
question.
    Mr. Nadler. Would the gentleman yield for a second?
    Mr. Rulli. I will.
    Mr. Nadler. Thank you. Irish is owned by Colgate Palmolive. 
Colgate Palmolive is a member of GARM. Thank you.
    Mr. Rulli. In response to that, being in the grocery aisles 
every day, the Irish Spring colorful box actually pops out and 
sells itself. I wish there were some Dove advertisements to 
remind me how wonderful my life would be with Dove soap. So, 
with that point of focus, we will move back to Mr. Shapiro.
    Mr. Shapiro. The soap battles were amusing. I was enjoying 
that actually. As far as the generalized point that you are 
making, which is that half of the audience of the United States 
is largely being ignored by certain advertisers, that obviously 
is true. That doesn't mean that conservatives don't watch 
sports or don't watch entertainment. That is where presumably 
they are getting their exposure to Dove soap.
    When it comes to the original question that the Chair was 
asking, which is whether, for example, Unilever advertised with 
The New York Times, with MSNBC, with CNN, or with The View, all 
which are supposed to have said extraordinarily controversial 
things, the answer was yes. When it comes to would they 
advertise or have they advertised on conservative news outlets, 
the answer typically is no. I also should mention at this point 
that I have been told by the advertising department in my own 
company that GroupM's managing director actually told us 
explicitly The Daily Wire has an uphill battle based on our 
politically conservative content.
    So, again, the idea the philosophy and ideology never take 
part of this--
    Chair Jordan. Will the gentleman yield? Will the gentleman 
yield, Mr. Rulli? Will the gentleman yield?
    Mr. Rulli. I will.
    Chair Jordan. I just want to clarify that. So, just a few 
minutes ago, Mr. Juhl said if you reached out to them, they 
would be willing to talk and consider advertising. That 
actually happened?
    Mr. Shapiro. I have been told by, again, the people who--we 
have our own advertising department that deals with advertisers 
obviously.
    Chair Jordan. Sure.
    Mr. Shapiro. They did tell us that they had spoken with the 
group and managing director who said we would have a tough time 
breaking into their market specifically because of our 
political orientation.
    Chair Jordan. So, Mr. Juhl, what he said under oath here 
doesn't--
    Mr. Shapiro. They never talked to Mr. Juhl to be fair.
    Chair Jordan. I understand that. I am not saying that, Mr. 
Juhl. That doesn't comport with what happened when The Daily 
Wire talked to GroupM?
    Mr. Shapiro. That is what I have been told.
    Chair Jordan. That is interesting. I yield back to the 
gentleman.
    Mr. Rulli. I yield my time back.
    Chair Jordan. I just want to point out that Mr. Rulli is a 
grocery store owner, so he knows a little something about 
putting things in the aisle.
    Does the Ranking Member have any closing comments?
    All right. Gentlemen, we want to thank you for being here. 
I know it--OK. Then, the gentlemen is recognized.
    Mr. Nadler. Mr. Chair, we have heard a lot of talk today 
about GARM allegedly taking down a Trump 2020 campaign ad. I 
asked unanimous consent to enter into the record the full email 
exchange related to that ad, which shows that Facebook did not 
take down the ad and said, ``Well, some may find the ad 
objectionable, it doesn't violate any of the stated advertising 
policies.''
    Chair Jordan. Without objection. If I could, really quick. 
Mr. Juhl, you said you would be happy to work with The Daily 
Wire if they reached out to you. I don't know anything about 
how the advertising world works. Is that how it normally 
happens? Do they reach out to you and say, hey, we would like 
you guys to advertise here, or do you say, wow, this is a 
platform with 15 million followers, 50 million views on 
YouTube. That is someplace we want to go as a potential to make 
our clients some money. How does it work normally?
    Mr. Juhl. Generally, publishers come to us and say this is 
the audience we have. This is the type of content we have. 
Would this be appropriate--
    Chair Jordan. So, it is that way. So, it is from The Daily 
Wire to you?
    Mr. Juhl. Yes.
    Chair Jordan. OK. Then just to be clear, that happened?
    Mr. Juhl. Apparently, neither of us knew it.
    Chair Jordan. Yes, that happened, and your people told his 
people, the GroupM people told The Daily Wire people, sorry, it 
ain't going to work. You guys are too darn conservative, which 
is the whole point of today's hearing.
    Mr. Juhl. I can only go on with what Mr. Shapiro said.
    Chair Jordan. I can only go on that, too. He hadn't told us 
anything--
    Mr. Juhl. What he said was an uphill battle, I think, not 
that it won't work.
    Chair Jordan. Well, OK. Then I'll change it. It's uphill 
battle, right? It's not an uphill battle to get it on The View, 
The Washington Post, and CNN, and everything else. That is the 
point. That is the point.
    We want to thank you all for being here. Oh, I got to read 
something here. That concludes today's hearing. We thank our 
witnesses for appearing before the Committee. Without 
objection, all Members will have five legislative days to 
submit additional written requests for the witnesses and 
additional materials for the record. Without objection, the 
hearing is adjourned.
    [Whereupon, at 1:42 p.m., the Committee was adjourned.]

    All materials submitted for the record by Members of the 
Committee on the Judiciary can be found at: https://
docs.house.gov/Committee/Calendar/ByEvent.aspx?EventID=117518.

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