European Commission Approves Google's Fitbit Takeover
European Commission Approves Google’s Fitbit Takeover Dec 17, 2020 18:04 GMT Fitbit is officially a Google-owned company now The European Commission has just announced that Google’s Fitbit takeover can go through, as the competition watchdog didn’t find anything possibly hurting the market. Google first announced the takeover of wearable device maker Fitbit in late 2019, but the deal was pending regulatory approval, with the EU expected to make a decision by the end of the year. Now Executive Vice-President Margrethe Vestager, in charge of competition policy, says Google has ...