3:40 PM 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 for the deal, 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) Read comments
GOOG price at time of publication: $880.93. Check GOOG price now »
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Focus Articles on GOOG
- Google: Now A Sell As Return On Assets Remains Main Concern by The Oxen Group
- Is Waze Worth The Drama? by Proprietary Trading
- Legendary Value Investors Love Google, But I Think It Is Fairly Valued At Best by Devon Shire
Press Releases on GOOG
- Google Announces Date of First Quarter 2013 Financial Results Conference Call (Business Wire)
- Google to Present at the Deutsche Bank Media and Telecom Conference (Business Wire)
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Recent Market Alerts on GOOG: All currents | Earnings | Dividends | M&A | On the move
Transcripts on GOOG
- Google's CEO Hosts 2013 Annual Meeting of Stockholders Conference (Transcript)
- Google's CEO Discusses Q1 2013 Results - Earnings Call Transcript
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