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News Story
6/24/2013
Posted by Mark Reback
Google has confirmed to the Wall Street Journal that the company has been contacted by the Federal Trade Commission for an official antitrust review of Google's $1.1 billion (£716 million) acquisition of Waze, announced earlier this month. Neither Google representatives nor representatives from the Federal Trade Commission are...
News Story
6/23/2013
Posted by Mark Reback
Federal Trade Commission to examine possible anti-trust issues in Internet search giant's $1 billion acquisition of Israeli social mapping service, which may force Google to re-sell company The Federal Trade Commission has launched an investigation into Google’s $1 billion acquisition of Israeli company Waze, the New York Post reported...
News Story
6/18/2013
Posted by Mark Reback
Google's motto is “don’t be evil.” But its recent acquisition of Waze, reportedly for $1 billion in cash, shows that just because you’re not evil, it doesn’t mean you can’t be aggressive in pushing the boundaries of the law. The question now is whether the United States government pushes back and forces...
News Story
6/15/2013
Posted by Mark Reback
Google plans to corner the wind energy market in New Jersey. It’s a first-of-its kind venture that could cost Google and its partners $1.3 billion, but one Google believes fits its core mission: You can make money without doing evil. It’s all well and good until you look at the fine print. If the project goes as planned, Google wins a...
News Release
6/12/2013
Posted by John M. Simpson
WASHINGTON, DC – Consumer Watchdog today called on federal regulators to block Google’s proposed $1 billion acquisition of Waze, developers of a mobile mapping application, on antitrust grounds.   The nonprofit, nonpartisan public interest group made the case against the deal in letters to both the Department of Justice and the...
News Story
6/12/2013
Posted by Mark Reback
U.S. antitrust agencies should block Google's proposed acquisition of crowdsourced mapping app Waze because the deal would take away Google's major competitor in mobile maps, consumer group Consumer Watchdog said. Google's proposed acquisition [1] would remove the most "viable" competitor to Google Maps on mobile devices,...
News Story
6/12/2013
Posted by Mark Reback
Google's acquisition of Israeli maps and traffic data firm Waze should be blocked on antitrust grounds, according to Consumer Watchdog. It is calling on regulators in the United States to block the billion dollar acquisition, writing to both the U.S. Department of Justice (DoJ) and to the Federal Trade Commission. The deal will require...
News Story
6/12/2013
Posted by Mark Reback
US pressure group asks Department of Justice to investigate search giant's $1.3bn takeover of Israel-based traffic app The US Department of Justice has been urged to block Google's $1.3bn acquisition of the traffic app Waze, on antitrust grounds. John Simpson, the privacy project director of Consumer Watchdog, a US pressure group, has...
News Story
6/12/2013
Posted by Mark Reback
Consumer Watchdog believes that with Google’s purchase of competing major maps app Waze, the company is in prime position to take over the maps market. The group wrote a letter “urging’ the Federal Trade Commission to block the acquisition deal today. Yesterday, Google confirmed that is purchasing Waze, a maps app that focused on...
News Story
6/2/2012
Posted by Mark Reback
Federal regulators are weighing whether to sue Google for engaging in anti-competitive conduct, an action that could prove devastating for the Internet giant. The Federal Trade Commission (FTC) is investigating whether Google manipulates its search results to ensure that its own services, such as YouTube, Google Maps and Google Plus, appear...