European Union antitrust authorities have extended their investigation into Alphabet’s $ 2.1 billion acquisition of Google Fitbit until January 8, that is, December 23, the European Commission’s website said Friday. …
These extensions are usually granted when companies request additional time.
Last month, Google proposed limiting Fitbit’s data usage for Google ads, making it easier for rival wearable manufacturers to connect to the Android platform, and allowing third parties to still have access to user data. Fitbit with your consent.
Sources told Reuters that the concessions designed to address competition issues in the EU are likely to help the world’s most popular Internet search engine get the green light for the EU.
However, they failed to appease competitors and buyers.
A group of 19 organizations, including consumer protection agencies and privacy advocates in the EU, the US and Brazil, are among the most recent critics, releasing a joint letter on Thursday demanding tough concessions from Google.