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FTC Reviews Google's Purchase of Navigation App Waze

Posted by samzenpus on from the taking-a-closer-look dept.

An anonymous reader writes "Google's acquisition of Waze has piqued the interest of the FTC and is now facing an antitrust review. "Google confirmed that it has been contacted by lawyers from the Federal Trade Commission over the company's '$1.1 billion acquisition of the mobile navigation company Waze, which closed in mid-June. A Google spokeswoman declined to comment on details of the antitrust review by the FTC. Representatives of the agency didn't immediately respond to a request for comment.'"

3 of 95 comments (clear)

  1. Shutting out competitor or buying up talent? by Anonymous Coward · · Score: 3, Interesting

    I guess the question is, is this Google trying to shut out a potential competitor (I don't see them being a real threat, the technology is easy to copy before they get too big), or simply buying up obvious top talent. I think its the later in my mind.

    1. Re:Shutting out competitor or buying up talent? by gl4ss · · Score: 4, Interesting

      I guess the question is, is this Google trying to shut out a potential competitor (I don't see them being a real threat, the technology is easy to copy before they get too big), or simply buying up obvious top talent. I think its the later in my mind.

      if it's like a normal google acquisition it's the latter - but will end up effectively as the former.

      --
      world was created 5 seconds before this post as it is.
  2. Horsecrap by The+Cat · · Score: 3, Interesting

    Disney didn't face any review when they bought Lucasfilm, Pixar and Marvel all within a few years of each other.