We wish on behalf of the advertising industry to make it clear, in case there is any ambiguity explicit or implied, that we do not condone advertising on unsavoury websites and that neither advertisers nor their agencies are complicit in 'cyber bullying'.

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The implied threat is that if voluntary rules do not produce results, something stronger may follow.

ECONOMIST: Europe: All aboard | The

Obama and Romney have nothing to do with his decisions, he implied.

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