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Regulators Scrutinize Google's Deal With Waze

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Regulators Scrutinize Google's Deal With Waze

Business

Regulators Scrutinize Google's Deal With Waze

Regulators Scrutinize Google's Deal With Waze

  • Download
  • <iframe src="https://www.npr.org/player/embed/195426316/195426311" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The Federal Trade Commission is looking into Google's recent deal to acquire the map company Waze. The question is whether Google was trying to buy up a potential competitor. Waze, based in Israel, makes an app that uses crowd sourcing to provide real-time traffic data.

DAVID GREENE, HOST:

NPR's business news begins with a Google deal that's under scrutiny.

(SOUNDBITE OF MUSIC)

GREENE: The Federal Trade Commission is looking into Google's recent deal to acquire the map company Waze. The question is whether Google was trying to buy up a potential competitor. Waze, based in Israel, makes an app that uses crowd sourcing to provide real-time traffic data.

Google bought Waze for just over $1 billion. Consumer watchdogs complain that Waze was a strong competitor for Google Maps.

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