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You are here: MacNN Forums > News > Tech News > Google faces FTC examination of $1 billion plus Waze deal

Google faces FTC examination of $1 billion plus Waze deal
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Jun 22, 2013, 05:07 PM
 
Google and the Federal Trade Commission (FTC) have both confirmed that the search engine's acquisition of map tool developer Waze will be examined by the federal agency. The investigation is the latest in a range of actions being taken against Google worldwide for suspected anti-competitive behavior.

The deal, expected to cost Google $1.1 billion will give Google new resources and data to assist mobile users. Google vice president Brian McClendon confirmed that the Waze product team will remain in Israel and operate separately for the moment. While Google Maps will be able to use Waze data, Waze itself will be enhanced by "Google's search capabilities."

Google is facing a new action just begun by the European Commission over Android OS licensing requirements. The FTC gave the search engine a mild reprimand earlier this year, a rebuke the company may be mostly ignoring.
( Last edited by NewsPoster; Jun 22, 2013 at 05:07 PM. )
     
   
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