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    Saturday, October 17, 2020

    Google Sweetens Fitbit Concessions, EU Okay in Sight

    Google has tweaked its concessions aimed at addressing EU antitrust concerns about its $ 2.1 billion purchase of Fightbit, people familiar with the deal said. Put it to secure EU approval.

    Last month, the world’s most popular Internet search engine Offered to ban use of Fitbit Data for Google Advertisements seeking to connect to facilitate wearer’s rival manufacturers Android Platform and third parties continued to access Fitbit users’ data with their consent.

    Google revised the package after the European Commission received feedback from rivals and consumers, with people declining to provide details. Trick too Helps to fill stomach A possible EU chargesheet addressing specific concerns.

    The EU competitor to date has not sought further response from the market, indicating that the change has potentially passed with the Commission.

    It was before Reported That the EU is anti-antitrust regulators Forwarded your inquiry December 23 at Fitbit.

    EU competition enforcer kicked off Full scale investigation In the August deal, stating that Google’s pledge not to use Fitbit’s data for advertising purposes was insufficient to address competition concerns.

    “The Commission extended the deadline in agreement with the parties,” the EU executive said in an email.

    Google has said that the combination of its and Fitbit’s hardware will increase competition in the region where players join Apple, Samsung, Xiaomi, Huawei, And others.

    European Commission Executive Vice President Margaret Wastegar, who is also the EU’s Commissioner of Competition, said that the purpose of our investigation is to ensure that being controlled by Google via wearable devices is not a mess in transactions.

    ©  Reuters

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