Google's $2.1 billion Fitbit deal hits roadblock as EU opens probe

Google's $2.1 billion Fitbit deal hits roadblock as EU opens probe

4 years ago
Anonymous $qOHwDUKgAF

https://www.reuters.com/article/us-fitbit-m-a-alphabet-eu/googles-2-1-billion-fitbit-deal-hits-roadblock-as-eu-opens-probe-idUSKCN2501ON

Alphabet unit Google's bid to take on Apple and Samsung in the wearable technology market by buying Fitbit hit a hurdle on Tuesday as EU antitrust regulators launched an investigation into the $2.1 billion deal.