
Articles
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1 week ago |
adnews.com.au | Adam Mccleery
The Commission concluded there would be no substantial loss of competitive pressure on Omnicom following the acquisition. New Zealand authorities have cleared Omnicom's takeover of IPG. The deal is unlikely to substantially lessen competition, according to the regulator the New Zealand Commerce Commission.
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1 week ago |
adnews.com.au | Adam Mccleery
The tender specifically excludes services related to its domestic media strategy. CQUniversity has opened a tender for an international media agency to handle its global advertising campaigns, reinforcing its focus on key overseas markets. The university is seeking a partner to provide offshore support for media strategy, planning, buying, and execution, aligned with its international student recruitment and branding efforts.
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1 week ago |
adnews.com.au | Adam Mccleery
The CMA will determine whether the merger constitutes a “relevant merger situation” under the Enterprise Act 2002. The UK’s competition watchdog has started a formal investigation of the proposed US $13.25 billion merger between Omnicom and IPG. The Competition and Markets Authority (CMA) is looking into whether the transaction could lead to a significant lessening of competition.
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1 week ago |
adnews.com.au | Adam Mccleery
The proposal has sparked renewed scrutiny over the regulation of alcohol marketing. A proposal to extend ads for alcohol to daytime television is unlikely to see a flood of advertising spend, according to industry insiders. The Australian Communications and Media Authority (ACMA) is reviewing a proposal to allow alcohol advertising on free-to-air television between 10 am and 3 pm, including weekends and school holidays.
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1 week ago |
adnews.com.au | Adam Mccleery
The outcome of both regulatory reviews will depend on whether sufficient competition remains post-merger. New Zealand media agencies and local stakeholders have raised concerns that Omnicom’s proposed US$19.9 billion global acquisition of Interpublic Group (IPG) could significantly reduce competition in the media buying market.
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