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DOJ closes Omnicom ad probe

The U.S. Department of Justice's Antitrust Division has closed an investigation into Omnicom Group Inc. subsidiaries without taking any action, according to a Nov. 13 SEC filing.

In December 2016, the DOJ sent subpoenas to units of Omnicom and Publicis Groupe SA as part of a probe into potential price fixing in video-advertising production.

The probe reportedly sought to determine whether the companies inappropriately secured contracts for their in-house production divisions.