Google’s $2.1 billion Fitbit deal hits roadblock as EU opens probe
By
Neha Kumari
Alphabet unit Google’s bid to take on Apple and Samsung in the wearable technology market by buying Fitbit hit a hurdle on Tuesday as EU antitrust regulators launched an investigation into the $2.1 billion deal.
The move by the European Commission on Tuesday came despite Google’s pledge last month not to use the fitness tracker’s data for advertising purposes in a bid to address competition concerns.
The EU antitrust enforcer said the data pledge was insufficient to allay its worries.