Eu Antitrust Regulators Extend Google Fitbit Deal Investigation To December 23
The EU last month launched a full-scale antitrust probe into Google’s $2.1 billion offer to acquire Fitbit following the end of its preliminary review. While the EU believes that a tie-up between the two entities could expand Google’s ‘data advantage’, the US tech giant has steadfastly denied such charges. In a statement released earlier in the year, the company insisted that: “… the combination of Google and Fitbit’s hardware efforts will increase competition in the sector, benefiting consumers and making the next generation of devices better and more affordable”....