Saturday, June 22, 2013

FTC To Review Google's Waze Acquisition On Antitrust Grounds

WazeGoogle's $1.1 billion acquisition of social mapping startup Waze has drawn the attention of the Federal Trade Commission after all. The Wall Street Journal reports today that Google has been contacted by FTC lawyers intending to conduct an antitrust review of the acquisition. Google declined to comment but did confirm to the WSJ that it has been contacted by the FTC over the deal.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jvbXq655pik/

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