Australian regulator delays decision on Google-Fitbit merger

Australian regulator delays decision on Google-Fitbit merger

3 years ago
Anonymous $y15ULlV7sG

https://apnews.com/aa00d9a3639814c669cf47aaeba106f8

CANBERRA, Australia (AP) — Australia’s competition regulator on Tuesday delayed for three months its decision on Google’s plan to buy fitness gadget maker Fitbit for $2.1 billion despite the European Union giving conditional approval to the deal.

The European Union regulators last week approved the deal after Google promised to restrict user data and ensure Android phones work with other wearable devices for at least 10 years.