Skip to content

FTC proposes consent order on Publicis' acquisition of LiveRamp

RegulatoryReported

The FTC voted 2-0 to accept a proposed consent order on advertising group Publicis' $2.2 billion acquisition of LiveRamp, opening a 30-day public comment period. For five years the companies must give fair, non-discriminatory access to LiveRamp's standalone products and keep firewalls around LiveRamp customer data, with independent audits. Announced October 19, 2026.

Last updated Nov 9, 2026 by the ATDb Editorial Team

Acquirer
Publicis
Target
Announced
Oct 19, 2026

Overview

The FTC voted 2-0 to accept a proposed consent order on advertising group Publicis' $2.2 billion acquisition of LiveRamp, opening a 30-day public comment period. For five years the companies must give fair, non-discriminatory access to LiveRamp's standalone products and keep firewalls around LiveRamp customer data, with independent audits. Announced October 19, 2026.

Deal details

Acquirer
Publicis
Target
LiveRamp
Market Segment
Identity and data collaboration; antitrust

Source

https://www.ftc.gov/node/338067
Connection details