EU antitrust deadline for Google, Fitbit deal extended to Jan. 8

In this news, we discuss the EU antitrust deadline for Google, Fitbit deal extended to Jan. 8.

BRUSSELS (Reuters) – EU antitrust regulators have extended their investigation into Google’s $ 2.1 billion purchase of Fitbit FIT.N by Alphabet GOOGL.O to January 8 from December 23, a revealed Friday a deposit on the site Web of the European Commission.

Such extensions are usually granted when companies request more time.

Last month, Google offered to restrict the use of Fitbit data for Google ads, make it easier for rival wearable device manufacturers to connect to the Android platform, and allow third parties to continue to have access to the data. of Fitbit users with their consent.

The concessions, aimed at addressing the EU’s competition concerns, will likely help the world’s most popular internet search engine get the green light from the EU, sources told Reuters.

However, they failed to appease their rivals and clients.

A group of 19 organizations including consumer associations and privacy advocates in the EU, US and Brazil are among the latest critics, issuing a joint letter on Thursday demanding tough concessions from Google.

Reporting by Foo Yun Chee; edited by Jason Neely

Original © Thomson Reuters Corporation

Bollyinside - Latest News and Reviews
Enable registration in settings - general
Compare items
  • Total (0)