Google Said to Avoid US Antitrust Challenge Over Waze

Google won’t be challenged by US antitrust regulators over its purchase of mapping application Waze, people familiar with the matter said. The Federal Trade Commission hasn’t raised concerns that the transaction might hurt competition, said the people, who asked not to be named because they weren’t authorized to speak publicly about the matter. Google said June 21 that it had been contacted by the agency about the transaction, valued at $1.1 billion. On June 11, Google said it was buying Waze in a deal giving it new tools to help users navigate traffic with smartphones.