Technology
The long wait for Google’s $2.1 billion Fitbit deal – Axios
This isn’t the world’s largest or most consequential tech merger of the past 12 months, but it is the most fraught.
Google’s $2.1 billion deal for Fitbit might go down as the only merger to qualify as both pre-pandemic and post-pandemic.
- Driving the news: European Union antitrust regulators have again extended their decision deadline, this time to Jan. 8, 2021. And it could be further complicated by U.S. authorities, who are drawing up a broader antitrust case against Google and/or its parent company Alphabet. The deal was originally announced on Nov. 1, 2019.
The delay is about data: Google…
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