FTC Closes Probe Into Google's $1B Waze Buy

Law360, New York (November 6, 2013, 1:31 PM EST) -- The Federal Trade Commission has dropped its inquiry into whether Google Inc.'s $1 billion acquisition of traffic mapping and navigation startup Waze Inc. would be anti-competitive by further strengthening the search giant's dominance in the market for mobile-device map apps, Google confirmed Tuesday.

Mountain View, Calif.-based Google learned last week that the FTC — which launched its probe into the deal in late June following complaints from a consumer advocacy group — would not stand in the way of the transaction, according to news reports. An FTC spokesman and a Google representative on Tuesday both declined to comment on the agency’s...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!