Google-Fitbit deal to be scrutinized in Europe over data competition concerns

Google-Fitbit deal to be scrutinized in Europe over data competition concerns

4 years ago
Anonymous $qOHwDUKgAF

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.