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US FTC accepts consent order on Omnicom-Interpublic merger – Regional Media News

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US FTC accepts consent order on Omnicom-Interpublic merger

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(Reuters) -The U.S. Federal Trade Commission said on Monday it had accepted a proposed consent order to resolve potential anti-competitive coordination in the advertising agency Omnicom’s $13.5 billion acquisition of rival Interpublic .

“The proposed order imposes restrictions that prevent Omnicom from engaging in collusion or coordination to direct advertising away from media publishers based on the publishers’ political or ideological viewpoints,” the FTC said in a press release.

(Reporting by Katharine Jackson and Ryan Patrick Jones; Editing by Caitlin Webber)

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