I just read a publication state something I've seen others state

 That is, something along the lines of "We don't let our business relationships get in the way of our objectivity."

I have multiple problems with that.  

1.  Would a publication which did favor those whom it had a business relationship with say anything else?
2.  I'm much less worried about explicit favoritism to advertisers than I am to much more subtle, and many times, not even intentional types of biases.  
3.  I'm not convinced that a publication that preemptively makes such statements is more trustworthy than one which doesn't.

The real issue publications have from my point of view is the unintentional biases.  To me, it's pretty apparent when a review or article is nothing more than an advertisement in disguise, it's the more subtle type of article that worries me.

The type where the publication doesn't give an advertiser a free pass, but also doesn't give as much coverage to an advertisers competitors.  The type where phrasing unintentionally makes an advertiser look better than if they weren't.

Basically, I think stating "advertising doesn't affect our editorial policy" is hopelessly naive about the way humans brains work.

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