Europe isn’t letting up on antitrust scrutiny of tech behemoths like Google. The European Commission said Tuesday it has opened an “in-depth investigation” into Google’s acquisition of Fitbit, which makes and sells smartwatches focused on activity tracking. Google said in November that it was paying $2.1 billion for the company, […]
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By Foo Yun Chee BRUSSELS (Reuters) – 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. The move by the European Commission on Tuesday […]
LONDON (AP) — European Union regulators opened an in-depth investigation Tuesday into Google’s plan to buy fitness tracking device maker Fitbit. The EU’s executive commission said it was concerned the deal would entrench the U.S. tech giant’s position in the online ad market by “increasing the already vast amount of […]
The Fitbit Charge wearable device – Fitbit The European Commission will carry out a full competition probe into Google’s $2.1bn (£1.6bn) acquisition of wearable technology business Fitbit. The probe, which follows an initial investigation into the deal, will examine whether the purchase of Fitbit will hand Google potentially valuable data […]
By Foo Yun Chee BRUSSELS (Reuters) – Google’s $2.1 billion bid for fitness tracker maker Fitbit will face a full-scale EU antitrust investigation next week, people familiar with the matter said on Thursday. Alphabet Inc unit Google this month offered not to use Fitbit’s health data to help it target […]
By Foo Yun Chee BRUSSELS (Reuters) – Google’s $2.1 billion bid for fitness tracker maker Fitbit <FIT.N> will face a full-scale EU antitrust investigation next week, people familiar with the matter said on Thursday. Alphabet Inc <GOOGL.O> unit Google this month offered not to use Fitbit’s health data to help […]
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust enforcers are asking interested parties whether Google’s pledge not to use fitness tracker maker Fitbit’s health data for its advertising, and to separate the dataset from its own, might ease concerns over their tie up. Alphabet’s Google made the pledge to […]