Google’s $2.1 billion Fitbit acquisition is getting closer scrutiny from EU regulators

The Fitbit Inspire HR fitness tracker. | Photo by Amelia Holowaty Krales / The Verge

Antitrust regulators and consumer advocacy groups are increasing their scrutiny of Google’s planned acquisition of fitness tracker firm Fitbit.

Google announced it was buying Fitbit last year for $2.1 billion and said it hoped to complete the deal some time in 2020. But it’s possible the acquisition will be delayed over fears about the search giant’s increased access to sensitive data from Fitbit’s hardware, including users’ heart rates, their fitness activity, and their sleep patterns.

The Financial Times reports that EU regulators have sent 60-page questionnaires to Google and Fitbit’s rivals, asking them to assess how the acquisition will affect the digital...

Continue reading…



from The Verge - All Posts https://ift.tt/3in0NIV

SUBSCRIBE TO OUR NEWSLETTER

Related Posts :

“Work hard in silence, let your success be your noise"

0 Response to "Google’s $2.1 billion Fitbit acquisition is getting closer scrutiny from EU regulators"

Post a Comment

ad

Search Your Job