BRUSSELS: Google may be able to stave off a full-scale EU antitrust investigation into its planned US$2.1 billion bid for Fitbit by pledging not to use Fitbit’s health data to help it target ads, people familiar with the matter said.
Apple is the leader in the global wearables market with a 29.3% market share in the first quarter of 2020, followed by Xiaomi, Samsung and Huawei, according to data from market research firm International Data Corp. Fitbit’s share of the market was 3%. Earlier this month, EU regulators asked rival makers of wearable devices, app developers and other online service providers as well as healthcare providers for their views.
The European Commission, which is scheduled to decide on the deal by July 20, declined to comment. The deadline for Google to offer concessions is July 13. Failure to do so will trigger a four-month long investigation following the end of the EU’s preliminary review, sources said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Study: Google, Amazon funnel over US$20mil to virus conspiracy sitesDigital advertising platforms run by Google, Amazon.com Inc and other tech companies will funnel at least US$25mil (RM106.95mil) to websites spreading misinformation about Covid-19 this year, according to a study released on July 8.
Source: staronline - 🏆 4. / 75 Read more »
EU urges China to free activists on crackdown anniversary | Malay MailBRUSSELS, July 8 — The EU today urged China to free hundreds of lawyers and rights activists, on the fifth anniversary of a major crackdown. As relations with Beijing become increasingly complex, Brussels pledged to highlight the “deteriorating situation of civil and political rights in...
Source: malaymail - 🏆 1. / 86 Read more »
UK would leave the EU on Australia terms if no deal reached, Johnson tells Merkel | Malay MailLONDON, July 8 — Britain is prepared to leave the European Union on the same terms as Australia has with the bloc if it cannot agree on a future trading deal, Prime Minister Boris Johnson told Germany's Angela Merkel in a telephone call yesterday. “On the future relationship, the prime minister...
Source: malaymail - 🏆 1. / 86 Read more »
'Bullying' Trump forces key impeachment witness to quit armyLTC Alex Vindman was present when the president asked Ukraine to probe rival Joe Biden. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Trump must release financial records, rules US top court | The Malaysian InsightSupreme Court says president doesn’t have immunity from criminal probe.
Source: msianinsight - 🏆 8. / 63 Read more »
How big data is benefitting the real estate industryBig data is the processing of large amounts of data which algorithms are applied to in order to discover trends in user behaviour. FMTNews FMTLifestyle
Source: fmtoday - 🏆 5. / 72 Read more »