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Trump’s FTC announces merger condition that prohibits advertising boycotts
Merging firms agree to FTC demands in order to create world's largest ad agency.
The Federal Trade Commission is approving a merger of big advertising agencies after extracting an agreement that the combined firm won't lead or participate in any advertising boycotts based on political or ideological viewpoints.
The merger condition is a new strategy in the Republican-controlled FTC's fight against alleged advertising boycotts, which could help Elon Musk's X social network and President Trump's own Truth Social platform. The FTC proposal surfaced in a news report earlier this month and was made official Monday in an agency announcement.
The FTC is approving Omnicom Group's $13.5 billion acquisition of Interpublic Group. Omnicom and Interpublic "are the third- and fourth-largest media buying advertising agencies in the US" and will be the world's biggest such agency when the merger is finalized, the FTC said.
