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BRIEF-Canada's Competition Bureau says closing its investigation into a number of allegations of anti-competitive conduct by Google

Published 2016-04-19, 12:16 p/m
© Reuters.  BRIEF-Canada's Competition Bureau says closing its investigation into a number of allegations of anti-competitive conduct by Google
GOOGL
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GOOG
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April 19 (Reuters) -
* Canada's Competition Bureau Says Closing Its Investigation
Into A Number Of Allegations Of Anti-Competitive conduct by
Google (NASDAQ:GOOGL)
* Allegations related to Google's online search, search
advertising and display advertising services in Canada
* Found evidence to support allegation that Google used
anti-competitive clauses in certain contracts that hurt
advertisers
* Did not find sufficient evidence of substantial lessening
or prevention of competition in market to support other
allegations
* Also consulted with international counterparts including
FTC and European Commission throughout investigation
* says in response to Bureau, Google has agreed not to
reintroduce the clauses in Canada
* Bureau conducted review of allegations that Google engaged
in conduct with intention to exclude or disadvantage competitors

Source text for Eikon: ID:nCNWC83D2a
Further company coverage: GOOGL.O

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