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Google Confirms FTC Conducting Antitrust Review of Waze Purchase

Writer's picture: OurStudioOurStudio

Google has confirmed that the Federal Trade Commission is carrying out an antitrust review of its $1.1 billion purchase of Waze, The Wall Street Journal reported on Saturday. The online search specialist acquired Israel-based mapping software developer Waze earlier in June. The deal has come under criticism as potentially restricting consumer choice in the mapping market.

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