Israeli Regulator Looking Into Billion-dollar Google-Waze Deal

Regulator seeks to determine whether the acquisition deal, finalized in mid-June, requires regulatory approval under antitrust law.

Israel's Antitrust Authority has sent a letter to Google Israel and the CEOs of  Israeli navigation app developer Waze requesting documents related to Google's acquisition of the Israeli startup, adding uncertainty as to whether the billion-dollar deal will receive regulatory approval.