Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Exclusive: Google sweetens Fitbit concessions, heading for EU okay - sources

Exclusive: Google sweetens Fitbit concessions, heading for EU okay - sources. BRUSSELS (Reuters) - Alphabet unit Google has tweaked its concessions aimed at allaying EU antitrust concerns about its $2.1 billion purchase of Fitbit, people familiar with the matter said, putting it on course to secure EU approval for the deal. The world's most popular internet search engine last month offered to restrict the use of Fitbit data for Google ads, facilitate rival makers of wearables seeking to connect to the Android platform and allow third parties' continued access to Fitbit users' data with their consent. Google revised the package after the European Commission received feedback from rivals and consumers, the people said, declining to provide details.

First found on: finance.yahoo.com And then on: 4 other references