Google-Fitbit deal to be scrutinized in Europe over data competition concerns
https://techcrunch.com/2020/08/04/google-fitbit-deal-to-be-scrutinized-in-europe-over-data-competition-concerns/
In a set-back for Google’s plan to acquire health wearable company Fitbit, the European Commission has announced it’s opening an investigation to dig into a range of competition concerns being attached to the proposal from multiple quarters.
This means the deal is on ice for a period of time that could last until early December.
Google-Fitbit deal to be scrutinized in Europe over data competition concerns
Aug 4, 2020, 4:22pm UTC
https://techcrunch.com/2020/08/04/google-fitbit-deal-to-be-scrutinized-in-europe-over-data-competition-concerns/
> In a set-back for Google’s plan to acquire health wearable company Fitbit, the European Commission has announced it’s opening an investigation to dig into a range of competition concerns being attached to the proposal from multiple quarters.
> This means the deal is on ice for a period of time that could last until early December.