Media Giants Under Siege: Competition Authority Launches Dawn Raids in Advertising Cartel Probe
India’s competition authority has initiated unannounced examinations at several leading advertising conglomerates that may continue until Wednesday morning, according to insider sources. The regulatory body reportedly received intelligence about potential coordinated pricing arrangements following a tax-related inquiry at a media agency. On Tuesday afternoon, officials descended upon facilities operated by GroupM, Dentsu, IPG, and Publicis. … Read more