When Google acquired Waze back in June, the Federal Trade Commission decided to investigate the deal to see if it violated antitrust regulations, and today, it looks like Mountain View is in the clear. According to Bloomberg's sources (unnamed people "familiar with the matter," naturally), the FTC will not interfere with the acquisition, as the $1 billion purchase isn't seen as an aggressive act designed to stifle competition. The review's outcome is indeed welcome news at Google, as the company...
When Google acquired Waze back in June, the Federal Trade Commission decided to investigate the deal to see if it violated antitrust regulations, and today, it looks like Mountain View is in the clear. According to Bloomberg's sources (unnamed people "familiar with the matter," naturally), the FTC will not interfere with the acquisition, as the $1 billion purchase isn't seen as an aggressive act designed to stifle competition. The review's outcome is indeed welcome news at Google, as the company...
Share this Article
Recommended