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FTC To Google: Hang On A Minute While We Investigate This Waze Deal

Google might want to start trying to pour the bubbly it poured over its $1.1 billion acquisition of social mapping company Waze back into the bottle, at least until the Federal Trade Commission is done with its antitrust review of the deal. The company confirmed that it’s been contacted by antitrust lawyers from the FTC, which isn’t a surprise. You take one huge company and have it buy up another smaller one, and the FTC will be there. [More]