Google’s Fitbit deal will face EU antitrust probe if no concessions, say sources | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

BRUSSELS, July 9 — Google will face a full-scale EU antitrust investigation into its planned US$2.1 billion (RM9 billion) bid for fitness tracker maker Fitbit unless it offers concessions to address competition concerns, people familiar with the matter said. The deal allows Google, a unit of...

Thursday, 09 Jul 2020 11:50 PM MYT

BRUSSELS, July 9 — Google will face a full-scale EU antitrust investigation into its planned US$2.1 billion bid for fitness tracker maker Fitbit unless it offers concessions to address competition concerns, people familiar with the matter said. Google could allay competition worries by offering a binding pledge to EU competition enforcers along the lines of its promise last year not to use Fitbit’s health and wellness data for Google ads, the people said.The deadline for Google to offer concessions is July 13.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in MY

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.

Google can dodge EU probe into Fitbit deal with data pledgeThe deal has drawn heavy criticism from privacy advocates on both sides of the Atlantic. FMTNews FMTLifestyle
Source: fmtoday - 🏆 5. / 72 Read more »

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 »

Google can dodge EU probe into Fitbit deal with data pledgeThe deal has drawn heavy criticism from privacy advocates on both sides of the Atlantic. FMTNews FMTLifestyle
Source: fmtoday - 🏆 5. / 72 Read more »

Crypto exchange Coinbase readies landmark stock market listing, say sources | Malay MailSAN FRANCISCO, July 9 — Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major US cryptocurrency exchange to go public, according to three people familiar with the matter. The listing would need the US Securities and Exchange...
Source: malaymail - 🏆 1. / 86 Read more »

This July 25, film your life for Ridley Scott's crowd-sourced documentary (VIDEO) | Malay MailLOS ANGELES, July 10 — Directors Ridley Scott and Kevin Macdonald are working on a participatory documentary film, Life in a Day, in which anyone can participate. All you need to do is film your day on July 25, send your video to lifeinaday.youtube, and hope that your work is chosen for the...
Source: malaymail - 🏆 1. / 86 Read more »

Russia arrests regional governor in probe of businessmen murders | Malay MailMOSCOW, July 9 — Russian investigators today arrested the governor of a far eastern region on suspicion he arranged to have a number of businessmen murdered. Investigators said Sergei Furgal, governor of the Khabarovsk region, was suspected of crimes that took place between 2004 and 2005 in...
Source: malaymail - 🏆 1. / 86 Read more »