Antitrust body Competition Commission of India is reportedly searching offices of several advertising agencies across India, including GroupM, Dentsu and Interpublic Group, and the office of broadcasters’ body IBDF.
Officers of the Competition Commission of India searched around 10 locations after it initiated a case against the agencies and top broadcasters over allegedly fixing ad rates and discounts, said one of the reports.
Reports claim that officials have blocked entry and exit gates of these offices and seized the phones and laptops of employees.
The raids were being carried out in Mumbai, New Delhi and Gurugram, reports claim.
