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Four of the big five advertising holding companies – Interpublic, Omnicom, Publicis, and WPP – have been subpoenaed by the US Justice Department in a probe into potential price fixing in video advertising production services, The Wall Street Journal reports.

These agencies are under investigation for manipulating the video ad production market. The Justice Department is determining whether these agencies have been involved in bid rigging, influencing independent production companies to raise prices in order to steer contracts to agencies’ in-house production units. The production and postproduction of commercials – which involves services like directing, sound editing, special

Article source: http://www.businessinsider.com/interpublic-omnicom-publicis-wpp-subpoenaed-by-department-of-justice-2016-12

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