0
Wireless

EU confirms in-depth investigation into Google takeover of Fitbit

Tuesday 4 August 2020 | 15:47 CET | News
The European Commission has confirmed an in-depth investigation has started into Google's proposed takeover of wearables maker Fitbit. The EU's competition watchdog said it was concerned the deal would give Google access to additional data strengthening its position on the online advertising market. If it finds the deal could distort competition, it may ask Google for concessions or block the takeover. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: European Commission / Fitbit / Google
Countries: Europe / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Google completes acquisition of Fitbit

Published 14 Jan 2021 17:15 CET | World
Google has completed its acquisition of Fitbit, surmounting various regulatory. The USD 2.1 billion takeover was announced in ...

Google wins EU clearance for Fitbit takeover after data, API commitments

Published 17 Dec 2020 16:28 CET | Europe
Google has secured clearance from the European Commission for its takeover of Fitbit, after agreeing to limits on how it can use ...

Australia consults on Google undertakings for Fitbit acquisition

Published 30 Nov 2020 08:43 CET | Australia
The Australian Competition and Consumer Commission (ACCC) has launched consultations on a proposed court-enforceable undertaking ...

EU pushes deadline for decision on Google takeover of Fitbit to 8 January

Published 19 Oct 2020 09:18 CET | Europe
The European Commission has extended the deadline for deciding on Google's proposed acquisition of Fitbit to 8 January, Reuters ...

EU extends deadline for decision on Google takeover of Fitbit to 23 Dec

Published 23 Sep 2020 14:55 CET | Europe
The European Commission has extended the deadline for deciding on Google's proposed acquisition of Fitbit to 23 December. This ...

EC launches tender for study on quantum communication infrastructure

Published 18 Sep 2020 11:18 CET | Europe
The European Commission launched a tender for a detailed system study for a quantum communication infrastructure. The study is ...

Google calls on EU to create 'balanced regulatory framework'

Published 04 Sep 2020 14:26 CET | Europe
Google has called on the European Union to create a "balanced regulatory framework" that adapts to future technological ...

Global shipments of wearable devices up 14.1% in Q2 - IDC

Published 01 Sep 2020 11:01 CET | World
The global wearables market grew by 14.1 percent in Q2 2020 with shipments of 86.2 million units, according to the latest IDC ...

Amazon enters fitness market with new Halo band and health service

Published 28 Aug 2020 09:22 CET | World
Amazon has announced its entry into the personal health and wellness market with the launch of the Halo subscription service and ...

Google hires new head general counsel

Published 26 Aug 2020 13:11 CET | World
Google has hired a new head general counsel as it comes under heightened antitrust scrutiny, CNBC reported. Halimah DeLaine Prado ...

EC approves acquisition of Forthnet by United Group

Published 18 Aug 2020 10:58 CET | Greece
The European Commission approved the acquisition of Greek operator Forthnet by United Group. The EC concluded that the proposed ...

Fitbit remains in the red as device shipments fall 30% in Q2

Published 06 Aug 2020 09:00 CET | World
Fitbit saw continued losses in the second quarter, as sales of its wearable devices dropped 30 percent year-on-year to 2.5 ...

Google pledges not to use Fitbit health data for ads

Published 14 Jul 2020 12:21 CET | World
Google formally offered not to use health data collected by fitness tracker company Fitbit for ad targeting in order to allay EU ...

Australian watchdog raises competition concerns over Google's purchase of Fitbit

Published 18 Jun 2020 09:46 CET | Australia
The Australian Competition and Consumer Commission (ACCC) has outlined preliminary concerns with Google's proposed acquisition of ...

Fitbit shipments fall 26% in Q1, revenues down 31%

Published 07 May 2020 10:50 CET | World
Fitbit reported device shipments down 26 percent year-on-year in the first quarter to 2.2 million, hurt by fewer new product ...

Fitbit reports lower Q4 on falling prices, sharp competition

Published 21 Feb 2020 09:39 CET | World
Revenues for the quarter declined to USD 502.1 million from 571 million the year before, with the gross margin sliding to 24.3 ...

Google takeover of Fitbit to face DOJ scrutiny - report

Published 11 Dec 2019 08:52 CET | United States
Google's proposed acquisition of Fitbit will face scrutiny by the Department of Justice, The New York Post reported. The DOJ ...

Google buys Fitbit for USD 2.1 bln

Published 01 Nov 2019 15:25 CET | World
Fitbit has accepted a takeover offer from Google worth USD 7.35 per share in cash, or a total of USD 2.1 billion. The deal is ...





Calendar   /   Industry Events

22 Oct Doro Q3 results
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
25 Oct Facebook Q3
26 Oct Twitter Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Digital Realty Q3
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct FCC meeting
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Twilio Q3
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items