Technology
Aussie watchdog to probe Google’s $2.7bn purchase – CQ News
The ACCC has warned of legal action against Google after the tech giant acquired Fitbit without the all-clear.
Australia’s competition watchdog has launched an “enforcement investigation” into Google today and is weighing up legal action after the tech giant completed its $2.7 billion purchase of Fitbit despite ongoing probes into the move in Australia and the United States.
The new Australian investigation will look into “serious concerns” that Google’s Fitbit takeover could eliminate competition in the wearable technology market and “frustrate” efforts by rivals such as Samsung, Garmin and Oppo to offer…
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