Regulators Scrutinize Google's Deal With Waze

Jun 25, 2013
Originally published on June 25, 2013 10:10 am
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NPR's business news begins with a Google deal that's under scrutiny.


GREENE: The Federal Trade Commission is looking into Google's recent deal to acquire the map company Waze. The question is whether Google was trying to buy up a potential competitor. Waze, based in Israel, makes an app that uses crowd sourcing to provide real-time traffic data.

Google bought Waze for just over $1 billion. Consumer watchdogs complain that Waze was a strong competitor for Google Maps. Transcript provided by NPR, Copyright NPR.