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Omnicom-Interpublic deal attracts public review in Australia

( May 13, 2025, 04:50 GMT | Official Statement) -- MLex Summary: Omnicom Group’s $13.25 billion acquisition of Interpublic Group of Companies will be reviewed by Australia’s competition regulator. Releasing a market inquiries letter today, the Australian Competition & Consumer Commission, or ACCC, said it will focus on local overlaps in media buying and marketing, along with communication services provided by both companies. The regulator said media-buying services included the purchase of advertising opportunities from media outlets and the on-selling of advertising opportunities to advertisers. The ACCC has set July 24 as the provisional date for an announcement on the deal’s future.The ACCC's market inquiries letter is attached; the full statement follows: ...

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