Left Menu
Development News Edition

EXCLUSIVE-Google sweetens Fitbit concessions, heading for EU okay - sources

Alphabet unit Google has tweaked its concessions aimed at allaying EU antitrust concerns about its $2.1 billion purchase of Fitbit, people familiar with the matter said, putting it on course to secure EU approval for the deal.

Reuters | Brussels | Updated: 17-10-2020 09:26 IST | Created: 16-10-2020 21:56 IST
EXCLUSIVE-Google sweetens Fitbit concessions, heading for EU okay - sources
Representative image Image Credit: ANI

Alphabet unit Google has tweaked its concessions aimed at allaying EU antitrust concerns about its $2.1 billion purchase of Fitbit, people familiar with the matter said, putting it on course to secure EU approval for the deal. The world's most popular internet search engine last month offered to restrict the use of Fitbit data for Google ads, facilitate rival makers of wearables seeking to connect to the Android platform, and allow third parties' continued access to Fitbit users' data with their consent.

Google revised the package after the European Commission received feedback from rivals and consumers, the people said, declining to provide details. The move also helps to stave off a possible EU charge sheet setting out specific concerns. The EU competition enforcer has to date not sought further feedback from the market, indicating that the changes have likely passed muster with the Commission.


TRENDING

OPINION / BLOG / INTERVIEW

Turbulence surrounding tobacco control in Ghana

... ...

Refugee compassion and response: Ideas to mitigate disasters now and in their future

Their homeland becomes a forbidden territory for them and more likely than not, their journey to foreign soil is no less traumatizing, not to say deadly. It is crucial to help refugees live a life of dignity and purpose....

Inadequate water infrastructure causes a tidal wave of coronavirus in rural Alaska

... ...

Videos

Latest News

COVID effect: Cricket Australia bans mini bar in hotel rooms for Big Bash

Players taking part in the upcoming Big Bash League will not have the mini bar at their disposal in hotel rooms with Cricket Australia aiming to minimise interaction between staff and cricketers to reduce the risk of any COVID-19 infections...

Cricket-West Indies win MCC's Spirit of Cricket award

West Indies have won this years Spirit of Cricket award after sending both their mens and womens teams to tour England during the COVID-19 pandemic, the Marylebone Cricket Club MCC has announced. The mens side arrived in England in June for...

African Development Bank’s ANRC to host webinar on Fisheries Transparency Initiative

The African Natural Resources Centre ANRC of the African Development Bank will host a webinar on the Fisheries Transparency Initiative on 16 December 2020 at 1000 GMT.The webinar titled, Towards greater transparency for sustainable marine f...

Some Sino-U.S. relations damage 'beyond repair', Chinese state media warns

Chinese state media warned that some damage to Sino-U.S. ties are beyond repair amid a new wave of counter-China measures by the Trump administration, with an ugly Twitter spat between a U.S. senator and Chinese reporter underlining the ris...

Give Feedback