Reported about 8 hours ago
The UK's competition regulator has initiated a probe into the proposed $13.25 billion merger between advertising giants Omnicom and Interpublic, assessing its potential impact on market competition. The merger, aimed at creating the largest advertising agency globally, is set to close in the latter half of the year. Additionally, the U.S. Federal Trade Commission is reviewing the deal, which may impose conditions regarding political advertising.
Source: YAHOO