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Corporate

Jun. 26, 2013

FTC to investigate Google acquisition of Waze

Online search company Google Inc. has confirmed it is working with the U.S. Federal Trade Commission (FTC) in an antitrust investigation related to the company's acquisition of mobile mapping developer Waze.


By Dominic Fracassa


Daily Journal Staff Writer


Google Inc. confirmed over the weekend that it is working with the U.S. Federal Trade Commission in an antitrust investigation related to the company's acquisition of mobile mapping developer Waze, according to media reports.


Waze, which uses crowdsourcing from its roughly 50 million subscribers to compile information about traffic and driving conditions, was expected to integrate its technol...

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