Google’s $2.1 bln Fitbit deal hits roadblock as EU opens probe
By
Biju Kumar
BRUSSELS: 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.