Bazaarvoice PowerReviews Deal Can Be Blocked by U.S.
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The U.S. Justice Department won a lawsuit challenging online product review software maker Bazaarvoice Inc.’s $168 million acquisition of PowerReviews Inc., its biggest competitor.
The government alleged the 2012 deal would devastate competition in the market for product ratings and review software and lead to higher prices for retailers and manufacturers that use it. Bazaarvoice’s customers include Best Buy Co., Costco Wholesale Corp. and Crate & Barrel.