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A Google sign is seen outside company headquarters, July 17, 2008, in Mountain View, California. Justin Sullivan/Getty Images

Google is shuttering Google Compare, its U.S. comparison-shopping site for auto insurance, credit cards and mortgages after one year, the Wall Street Journal reported Monday, citing people familiar with the matter.

The quick reversal is a setback to the Alphabet unit's efforts to use its enormous reach to provide consumers with niche shopping services and financial-services tools, the Journal said.

(Reporting by Eric Beech in Washington; Editing by Sandra Maler)