Nov
01
Publicis, Omnicom Merger Passes Antitrust Test in U.S.
Posted in: Uncategorized
U.S. antitrust authorities from the Federal Trade Commission have cleared the Omnicom Group and Publicis Groupe merger.
“The expiration of the HSR review period in the U.S. and the approvals received in other jurisdictions satisfy some of the conditions necessary for the transaction to close,” Publicis Groupe said in a statement. HSR refers to the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
The companies also received regulatory approval in Canada, India, Turkey, South Africa and South Korea.
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