Last year it investigated and ultimately cleared Facebook's (FB - Get Report) $1 billion purchase of Instagram. The OFT works to an extendible 40-day deadline from the initial invitation to comment, after which it could clear the transaction, agree on undertakings with the companies involved, or refer the deal to Britain's Competition Commission for an in-depth probe. The OFT called for comments on the Google/Waze deal by Sept. 9, but hasn't yet issue a date for its final decision. The case officer in charge of the probe is Lisa Hughes. Google said last week it will now include real-time incident reports from Waze in its Google Maps product for devices using the Android and Apple's (AAPL - Get Report) iOS operating systems. It has also said it is cooperating with the FTC investigation. Waze aims to connect drivers in the same area by automatically collecting data from users who type in their destination address and leave the Waze app open. Users are also able to submit road reports on accidents, police activity or hazards.
Written by Laura Board