Google-Fitbit merger deal poses test for competition officials eyeing data giants5 min read . Updated: 10 Feb 2020, 05:44 PM IST
- Google’s $2.1-billion acquisition of Fitbit would add wearable devices to the internet giant’s hardware business
- The deal, which Google expects to close this year, is under investigation by the Justice Department’s antitrust division
Google’s plan to buy Fitbit Inc. is running into a wall of antitrust and privacy worries in the U.S., Europe and Australia, where competition officials are increasingly wary of how internet giants can exert control over data to cement their dominance.
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