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Waze is a competitor to the monetized product - Google Maps. I think the better question is why haven't they completely killed off Waze yet?

I have no idea, but I would guess it would be bad optics given the political climate that is able and willing to look into their monopolistic power and practices.

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Huh I was about to reply that Waze is monetized too but it seems like they stopped temporarily:

>As of September 1, 2023, Waze is no longer selling Ads. We have turned down the current Waze Ads product. Advertisers can no longer purchase new ads. We are already working to transition Waze Ads to Google Ads technology and look forward to helping advance your business objectives through our new Waze Ads product soon.

https://www.waze.com/ads

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