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Australian Competition and Consumer Commission rejects Google undertaking over proposed Fitbit deal – Chemical Market Reports

The Australian Competition and Consumer Commission (ACCC) has rejected an undertaking by Google regarding the proposed acquisition of Fitbit. ACCC chair Rod Sim…

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The Australian Competition and Consumer Commission (ACCC) has rejected an undertaking by Google regarding the proposed acquisition of Fitbit. ACCC chair Rod Sim said that the watchdog would like to investigate for some more time and will announce its final decision on March 25. Under the undertaking given by Google, the company had promised that it will not use any data collected through the wrist-worn fitness tracking devices and Google wearables for advertisement purposes for at least 10 years….

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