Google confirms Waze acquisition being investigated by US FTC

The US Federal Trade Commission (FTC) is investigating Google’s $1.3bn acquisition of the crowdsourced traffic-mapping and navigation comThe US Federal Trade Commission (FTC) is investigating Google’s $1.3bn acquisition of the crowdsourced traffic-mapping and navigation company Waze, the search company has confirmed to the Guardian. The FTC’s actions follow demands from consumer groups concerned that the …