Deals
Google Said to Avoid U.S. Antitrust Challenge Over Waze
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Google Inc., owner of the world’s largest search engine, won’t be challenged by U.S. antitrust regulators over its purchase of mapping application Waze, people familiar with the matter said.
Federal Trade Commission hasn’t raised concerns that the transaction might hurt competition, said the people, who asked not to be named because they weren’t authorized to speak publicly about the matter. Google said June 21 that it had been contacted by the agency about the transaction.