US EditionAd Agencies to Avoid Pricing Talks on WhatsApp After CCI Raids
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Ad Agencies to Avoid Pricing Talks on WhatsApp After CCI Raids
The Advertising Agencies Association of India (AAAI) has advised its members to avoid sharing pricing details, especially through informal channels like WhatsApp, in the wake of the recent raids conducted by the Competition Commission of India (CCI) on leading advertising firms over alleged price collusion, as per a Reuters report. Ad Firms Raided Over Price Fixing Allegations Earlier this year, on March 18, the CCI raided targeted offices of se…
India ad agencies’ body warns against sharing sensitive data, info
After high-profile antitrust raids in India, a group of major ad agencies has asked members, who include GroupM, Dentsu and Publicis, to avoid communicating with rivals over WhatsApp or share sensitive pricing data, a document shows. The Competition Commission of India (CCI) shook the sector in March with dawn raids during an investigation of suspected collusion […]
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