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UK To Probe Clear Channel, JCDecaux Ad Contracts

Law360 (February 3, 2011, 7:05 PM EST) -- The U.K.'s economic regulator said Thursday it was launching an investigation into whether outdoor advertising contracts between Clear Channel Communications Inc., JCDecaux and local authorities were anti-competitive.

The Office of Fair Trading said it was concerned that the contracts between the parties, which in some cases can exceed 20 years, create a significant barrier of entry for smaller media companies interested in the outdoor advertising market.

The contracts generally cover advertising space on street furniture, such as bus shelters. Clear Channel and JCDecaux have virtually all...
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