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January 15, 2021
The ACCC has warned of legal action against Google after the tech giant acquired Fitbit without the all-clear.
January 14, 2021
The Google Fitbit deal is now complete. In its announcement, Google emphasizes that the deal is about "devices, not data."
January 14, 2021
SAN RAMON, Calif. (AP) — Google has completed its $2.1 billion acquisition of...
January 13, 2021
Rod Sims is vowing to launch a regulatory war against tech giants Google, Apple and Facebook this year, warning they pose a danger to consumers and the competition landscape.
December 28, 2020
Competition Source: Jeramy Johnson / Android Central The mobile voice assistant wars have largely been won by the two biggest mobile OS platform owners, Google and Apple. Say what you want about Wear OSs glitches or Siris shortcomings — I hear you. The simple fact is that both Android/Wear OS and iOS/watchOS are much more ubiquitous and capable of providing on-the-go assistance than Alexa currently is. The Apple Watch SE and Series 6 are arguably the two best smartwatches available, and both ...
December 23, 2020
What you need to know The Australian Competition and Consumer Commission has threatened to slap Google with a $400 million fine if it completes the Fitbit acquisition before the regulator completes its investigation. The regulator has rejected Googles offer to enter into a court-enforceable undertaking that would limit the way it would use data from Fitbit devices. While the EU has approved Googles Fitbit acquisition, the U.S. Justice Department is expected to rule on the deal sometime early ne...
December 23, 2020
Google Fitbit acquisition could be blocked in Australia Ewdison Then - Dec 22, 2020, 9:13pm CST It has been more than a year since Google announced its intention to acquire Fitbit and it has not been a smooth ride for either company. It recently overcame one major hurdle when the European Commission finally gave its approval after much negotiations and concessions on Google’s part. The deal, however, still has to be approved in the US but even if gets the FTC’s and DOJ’...
December 17, 2020
BBC News Published image copyrightReuters Googles takeover of Fitbit has been approved by the European Commission, following a four-month investigation. The search giant bought the fitness tracking company for $2.1bn (£1.5bn) in November 2019 - but the EU warned the acquisition could harm competition. Google has made a series of pledges to address investigators concerns. Commission executive vice-president Margarethe Vestager said the deal would keep the wearables market "open and competitive"...
December 17, 2020
Dec 17th, 2020 Nearly 14 months after Google announced its bid to purchase FitBit, the EU has finally signed off on the acquisition. The regulatory approval from the EU comes with a handful of conditions that will put restrictions on what Google will be able to do with user data from FitBit and a requirement to keep Android open for third-party developers to continue to build smartwatches and wearables that are compatible with the platform. As a condition of the agreement, health data from FitB...
December 17, 2020
Google acquired Fitbit back in November last year in a deal valued at $2.1 billion. Following the acquisition, the deal fell under the regulatory scanner over antitrust concerns and data privacy, after which the European Commission launched an investigation to assess the risks of data misuse for targeted ads and how it will affect the competition. Today, the European Commission has given its formal approval to the deal, while putting certain restrictions on Google over how user data should be ...