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US Federal Trade Commission to investigate Waze purchase
Article by: Darren Griffin Date: 27 Jun 2013
The growing saga surrounding Waze and it's sale to Google is set to enter another chapter.
After rumours that Facebook and Apple were looking at buying the Israeli crowdsourced mapping company Google were the eventual winners writing a cheque for a cool $1.3bn to secure the acquisition.
And that is where we assumed the story would end. But now it seems that the US Federal Trade Commission (FTC) is to investigate the purchase after concerns were raised by consumer groups.
The US Consumer Watchdog organisation is one of those who voiced concerns. "The proposed Waze acquisition would remove the most viable competitor to Google Maps" wrote John Simpson, privacy project director for Consumer Watchdog.
The FTC will now investigate whether the takeover would reduce market competition and consumer choice.
"The proposed Waze acquisition would remove the most viable competitor to Google Maps"
I know it's a technicality but if this is the main argument then they might actually get away with it anyway. Google Maps is simply that - maps. It doesn't offer turn by turn, 3D navigation like Waze does. Google Navigation, which is a separate product, however is a direct comparison to Waze ;)
MaFt
Posted by taits on Fri Jun 28, 2013 2:29 pm
Microsoft in 2002 had MAP POINT, which was a very good GPS mapping program. Also has a lessor one that worked about the same.
Not sure about later or earlier versions that may have been but I have this one still being used on a lap top
MS has let go some excellent programs die like another PHOTO DRAW over the years.
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Posted by MaFt on Thu Jun 27, 2013 8:30 am
