LONDON (AP) — Britain’s competition watchdog said it’s investigating Google’s purchase of cloud data analytics company Looker Data Sciences, adding to the regulatory pressures the United States (US) tech giant is facing.
The Competition and Markets Authority said yesterday that it has invited “any interested party” to comment on whether the transaction would “result in a substantial lessening of competition” in the United Kingdom (UK) market.
Google said in June it planned to buy Looker, which helps customers “visualise data”, for USD2.6 billion in cash to bolster its Google Cloud service.
The deal was expected to close by the end of the year. Google did not immediately comment.