Google Approved By EU To Acquire Fitbit

Google Approved By EU To Acquire Fitbit

Even amid a crackdown on tech acquisitions, Google has managed to win European Union approval for its $2.1 billion purchase of fitness tracker Fitbit, according to Bloomberg.

The move comes as regulators in the EU are looking at ways to keep U.S. Big Tech companies from over-extending their dominance of the markets.

According to the EU, Google’s pledge to keep access for rival health and fitness apps and device makers for the next decade cinched the decision…


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