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When Omnicom announced its takeover of Interpublic Group (IPG) on Dec. 9, its leadership was clear that the deal was pending regulatory approval.
Ten days later, the deal is facing its first probe from Congressional representative Jim Jordan, who is investigating the two holding companies’ ties to two organizations he views as anti-conservative.
On Wednesday, The New York Post reported that House Judiciary Committee chairman Jordan sent letters to the CEOs of Omnicom and IPG, which were founding members of the World Federation of Advertisers and the recently shuttered Global Alliance for Responsible Media (GARM), as part of an antitrust investigation.
