A PYMNTS Company

US: Google meets resistance over Waze app takeover

 |  June 12, 2013

As Google gets underway with its more than $1 billion buyout of Israel-based mapping phone application Waze, the search giant is meeting resistance from consumer group Consumer Watchdog. The advocacy group claims the takeover will remove Google’s main mobile maps rival and has delivered its complaints to the US Department of Justice as well as the Federal Trade Commission in letters. In addition to dominating the market at an even higher level, Consumer Watchdog claims the buyout will also threaten consumer privacy as it will have access to “even more” user data. The group hopes its concerns will not fall on deaf ears at the FTC and DOJ.

Full Content: Network World

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.