advertisement
advertisement

FTC Investigating Google Purchase Of Waze

Yet more antitrust shenanigans for the search engine giant, after consumer groups expressed concern that the $1.3 billion acquisition of Israeli mapping firm Waze will put Google in an unassailable position in the market.

Google has confirmed that the Federal Trade Commission is looking into its recent $1.3 billion purchase of social navigation firm Waze. Consumer groups are worried the purchase of the Israeli company will give Google–already the dominant force in U.S. mapping services–an unassailable edge against the competition.

advertisement

Although Google says it has no current plans to merge Waze–which is staying in Israel for the time being–with its own maps team, there is no guarantee this will remain the case. The investigation adds another layer of scrutiny to the firm, which has recently been hit with a number of antitrust and privacy broadsides from the authorities on both sides of the Atlantic.

About the author

My writing career has taken me all round the houses over the past decade and a half--from grumpy teens and hungover rock bands in the U.K., where I was born, via celebrity interviews, health, tech and fashion in Madrid and Paris, before returning to London, where I now live. For the past five years I've been writing about technology and innovation for U.S.

More

Video