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Saturday, June 22, 2013
New investigation into the most integrated company of the modern day (GOOG)
GOOG | Sat, Jun 22
The FTC plans to review Google's (GOOG) acquisition of Waze. Though Google used an exemption to avoid providing the FTC and DOJ a Hart-Scott-Rodino antitrust filing, a review isn't surprising, given Google's dominant online/mobile maps position and a general belief it's buying Waze in part to keep its increasingly accurate crowdsourced traffic/point-of-interest data out of Apple and Facebook's hands. "Lawyers familiar with government antitrust investigations" tell the WSJ the FTC may have asked Google not to integrate Waze's data with Google Maps until its review is finished. (more on Waze)
Link: http://seekingalpha.com/currents/post/1100382?source=android_tech_share
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