Google Announces Completion of Fitbit Acquisition, But US and Australian Antitrust Authorities Disagree
Google recently announced the completion of the Fitbit takeover process. The search giant claims the Fitbit takeover is driven by Fitbit’s expertise in electronics rather than interest in Firbit’s user data, and during the takeover, Google separately promised that it had ironed out regulatory issues with a series of security measures and additional obligations. But not everything is so simple.