Australian regulator rejects Google's undertaking to ease competition concerns on Fitbit deal

Australian regulator rejects Google's undertaking to ease competition concerns on Fitbit deal

3 years ago
Anonymous $y15ULlV7sG

https://www.reuters.com/article/us-fitbit-m-a-alphabet-australia/australian-regulator-rejects-googles-undertaking-to-ease-competition-concerns-on-fitbit-deal-idUSKBN28V2Y7

Australia's antitrust regulator on Tuesday rejected a behavioural undertaking offered by Alphabet Inc-owned Google that sought to address competition concerns over its planned $2.1 billion acquisition of fitness tracker maker Fitbit.