Europe clears Google-Fitbit with a ten-year ban on using health data for ads
Europe has greenlit Google’s $2.1BN acquisition of fitness wearable maker Fitbit, applying a number of conditions intended to shrink competition concerns over letting it gobble a major cache of health and wellness data following months of regulatory scrutiny of the deal.
While Google announced its plan to buy Fitbit over a year ago, it only notified the transaction to the Commission on June 15, 2020 meaning it’s taken half a year to be given a caveated go-ahead by Europe. It is also now facing formal antitrust charges on its home turf from more than one angle (though not related to Fitbit).