FTC to investigate Google's purchase of Waze years after the deal closed

Just a few days ago we told you that the Federal Trade Commission (FTC) had requested information from Google parent Alphabet, Apple, Facebook, Amazon, and Microsoft. The regulatory agency is . These are transactions that were small enough to escape scrutiny by antitrust agencies. However, that at least one larger acquisition is being looked at closely by the FTC.

In June 2013, Google acquired the Israeli company behind crowdsourced navigation app Waze for $1.1 billion. While Google already offered its Google Maps app with turn-by-turn directions, Waze was different. ...

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