Google’s Fitbit deal on track for EU approval despite protests

Google’s US$2.1bil (RM8.72bil) takeover of fitness-monitor maker Fitbit Inc looks on track for European Union approval despite protests from consumer groups and rivals about the search giant’s move into health data and devices. — Reuters

Google’s US$2.1bil (RM8.72bil) takeover of fitness-monitor maker Fitbit Inc looks on track for European Union approval despite protests from consumer groups and rivals about the search giant’s move into health data and devices.

The European Union hasn’t sent Alphabet Inc, Google’s parent company, a so-called statement of objections listing potential reasons to block the deal, according to people familiar with the matter who asked not to be identified because the review is confidential. The company won a five-day extension in the probe on Oct 16, which will give more time for talks on concessions with officials, two of the people said.