💨 Abstract

The Indian Competition Commission has raided global advertising firms like GroupM, Dentsu, and Interpublic Group, along with a broadcasters' industry group, over allegations of price collusion. The raids were conducted in Mumbai, New Delhi, and Gurugram. The entities being investigated are suspected of fixing ad rates and discounts. The affected companies did not respond to requests for comment, and the commission has not disclosed details of the case.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖