Technology
Google closes Fitbit deal as US, Australia probes continue – The Jakarta Post – Jakarta Post
Fitbit makes a watch-like device to measure physical activity that competes with Apple Watch and others. Google said it was buying the company to compete in this…
Search and advertising giant Google closed its deal to buy fitness tracking company Fitbit, the companies said on Thursday, even as United States and Australian competition regulators said they were continuing probes of the US$2.1 billion transaction.
The Justice Department, which sued Alphabet Inc’s Google in October for allegedly violating antitrust law in its search and search advertising businesses, said it “has not reached a final decision about whether to pursue an enforcement action” regarding…
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