GOOG: More on U.K.'s probe of Google-Waze deal

More on U.K.'s probe of Google-Waze deal • 7:07 AM

• The Office of Fair Trading (OFT) is asking for comment on whether the $1B transaction will cross its merger control thresholds. The regulator could launch a wider review if it decides that the deal will reduce competition substantially.
• The process could lead to three outcomes: the OFT could clear the acquisition, give it conditional clearance that requires Google (GOOG) to make divestments, or refer it to the Competition Commission, the senior regulator.
• The OFT's inquiry adds to a probe by the FTC. (Previous)

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