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Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

4 years ago
Anonymous $GRbK1oXs9y

https://www.reuters.com/article/us-fitbit-m-a-alphabet/australian-regulator-says-googles-2-1-billion-fitbit-deal-could-harm-competition-idUSKBN23P032

Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

Jun 18, 2020, 4:18am UTC
https://www.reuters.com/article/us-fitbit-m-a-alphabet/australian-regulator-says-googles-2-1-billion-fitbit-deal-could-harm-competition-idUSKBN23P032 >Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.