FTC to investigate Google’s Waze acquistion
Google may have beat out Apple and Facebook when it bought social mapping app Waze. But the search giant’s acquisition of the Israel-based start-up may run afoul of U.S. antitrust regulations. The Federal Trade Commission is conducting an antitrust review of the $1.1 billion purchase. If Google’s move is seen as purely anti-competitive, the FTC could break up the deal.
Todd Wasserman, business editor at the website Mashable, joins Marketplace Tech host Ben Johnson to discuss.
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