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The FTC, finding that LexisNexis owner Reed Elsevier's proposed $4.1 billion acquisition of commercial data broker ChoicePoint would be anti-competitive and violate antitrust laws, approved Tuesday a consent order requiring Reed Elsevier to divest certain ChoicePoint electronic public record services to Thomson Reuters Legal. LexisNexis provides electronic public records services to law enforcement customers in direct competition with ChoicePoint's AutoTrackXP and, recently, ChoicePoint's new CLEAR service.
September 17, 2008 at 12:00 AM
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The original version of this story was published on Law.Com
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