Google Aims To Buy Internet Coupon Company
RENEE MONTAGNE, host:
NPR's business news starts with Google's billion-dollar discount deal.
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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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