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Google Aims To Buy Internet Coupon Company

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Google Aims To Buy Internet Coupon Company

Business

Google Aims To Buy Internet Coupon Company

Google Aims To Buy Internet Coupon Company

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  • <iframe src="https://www.npr.org/player/embed/131687796/131687786" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Google may soon pay up to $6 billion for the Internet coupon company Groupon, according to The New York Times. Groupon is the two-year-old Chicago company that sends daily discount offers to peoples' email accounts, tailored to their locations.

RENEE MONTAGNE, host:

NPR's business news starts with Google's billion-dollar discount deal.

(Soundbite of music)

MONTAGNE: Google may soon pay up to $6 billion for the Internet coupon company Groupon. That's according to The New York Times this morning. Groupon is the two-year-old Chicago company that sends daily discount offers to peoples' email accounts, tailored to their locations. The coupons go into effect when a big enough group of people buy the coupon.

In another news item about Google, European officials have launched a formal antitrust investigation. The EU is looking into whether the Internet company has abused its dominant market position in online searches.

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