Omnicom, Publicis Subpoenaed In DOJ Production Investigation
The Department of Justice investigation into production practices in the advertising industry is widening, as Omnicom Group said two of its subsidiaries had been subpoenaed and Publicis Groupe said one of its subsidiaries received one. "On Dec. 14, 2016, two subsidiaries within Omnicom Group received subpoenas from the US Department of Justice Antitrust Division concerning its ongoing investigation of video production and post-production practices in the advertising industry," Omnicom said. "Omnicom's outside legal counsel has contacted representatives of the Antitrust Division and the company is fully cooperating with the investigation."
The company declined further comment and would not name the units being investigated.
Omnicom, Publicis Subpoenaed In DOJ Production Investigation Omnicom, Publicis get DoJ subpoenas over video production practices (Reuters)