Register now for better personalized quote!

HOT NEWS

Google FitBit acquisition approved in the EU with conditions

Nov, 13, 2023 Hi-network.com

Following an in-depth investigation, the European Commission (EC) has approved the acquisition of FitBit by Google for US$2.1 billion. The EC voiced concerns that this acquisition would harm competition in the areas of advertising, by restriction of access to the Fitbit Web API by competitors of Google, and could cause degradation of their interoperability with Android smartphones. Google has therefore committed to address these concerns for the next 10 years on the territory of the European Economic Area.

 

 

tag-icon Hot Tags : Jurisdiction Digital business models

Copyright © 2014-2024 Hi-Network.com | HAILIAN TECHNOLOGY CO., LIMITED | All Rights Reserved.
Our company's operations and information are independent of the manufacturers' positions, nor a part of any listed trademarks company.