Google, Fitbit deal may hamper competition: Australian regulator

Google, Fitbit deal may hamper competition: Australian regulator

4 years ago
Anonymous $GRbK1oXs9y

https://www.reuters.com/article/us-fitbit-m-a-alphabet/google-fitbit-deal-may-hamper-competition-australian-regulator-idUSKBN23P032

Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.

Google, Fitbit deal may hamper competition: Australian regulator

Jun 18, 2020, 2:25am UTC
https://www.reuters.com/article/us-fitbit-m-a-alphabet/google-fitbit-deal-may-hamper-competition-australian-regulator-idUSKBN23P032 >Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.