EU regulators investigating Google's plan to buy Fitbit
Last updated 8/4/2020 at 10:16am
AP Business Writer
LONDON (AP) — European Union regulators opened an in-depth investigation Tuesday, Aug. 4 into Google's plan to buy fitness tracking device maker Fitbit.
The EU's executive commission said it was concerned the deal would entrench the U.S. tech giant's position in the online ad market by "increasing the already vast amount of data" the company uses to personalize ads.
"Our investigation aims to ensure that control by Google over data collected through wearable devices as a result of the transaction does not distort competition," said European Commission Execut...