Google undertaking for Fitbit buy fails to gain ACCC support – iTnews

Google is yet to convince Australian regulators that its proposed acquisition of Fitbit won’t cause competition or privacy issues, with a draft court-enforceable undertaking it submitted last month knocked back.
The company, which hopes to buy Fitbit for US$2.1 billion (A$2.77 billion), won EU antitrust approval last week, but is yet to have the transaction cleared by authorities in the US and Australia, among other jurisdictions.
It had submitted a “long-term behavioural undertaking” at the end…

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