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Trump’s FTC Announces Merger Condition that Prohibits Advertising Boycotts

  • On June 23, 2025, the U.S. Federal Trade Commission approved a consent order affecting Omnicom's $13.5 billion acquisition of Interpublic to bar politically motivated advertising boycotts.
  • The order followed a months-long FTC investigation that raised concerns about unlawful coordination to block ad spending based on publishers' political or ideological views.
  • Under the order, Omnicom cannot steer ad dollars away from publishers for political reasons unless clients specifically request it, and it must document exclusions annually for five years.
  • Omnicom CEO John Wren called clearing this regulatory hurdle an important step toward closing the deal, while analysts noted the order may add regulatory burden and affect news monetization.
  • The decade-long consent order grants the FTC oversight over Omnicom's ad spending, signaling other global agencies to anticipate similar scrutiny amid evolving political and market risks.
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The Daily Wire broke the news in Nashville, United States on Monday, June 23, 2025.
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