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Google and the US Justice Department are close to an agreement that will clear the search giant's $700-million acquisition of flight-data firm ITA Software in return for granting federal regulators the authority to monitor a part of its operations, the Wall Street Journal said citing a source. The proposed agreement is not final, and could fall apart, the report noted.
The proposed agreement would for the first time allow government anti-trust monitoring of a part of Google's operations to assure that the company does not unfairly use ITA's airline data to put rivals at a disadvantage, the report said.
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