Technology
Google Fitbit Takeover Delayed By ACCC – ChannelNews
The Australian Competition and Consumer Commission has delayed its ruling on Google’s proposed takeover of fitness wearables manufacturer, Fitbit, by another four months. The news comes after the European Commission announced last week it would engage in-dept…
The Australian Competition and Consumer Commission has delayed its ruling on Google’s proposed takeover of fitness wearables manufacturer, Fitbit, by another four months.
The news comes after the European Commission announced last week it would engage in-depth investigation into the proposed takeover, prompting speculation both regulators would consult on the decision.
The ACCC launched its investigation into Google’s US$2.1 billion takeover of Fitbit around six months ago, taking the new exte…
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