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U.S., EU advocacy teams warn towards Google's buy of Fitbit

Twenty advocacy teams from the USA, Europe, Latin America and elsewhere signed an announcement Wednesday urging regulators to be cautious of Google's $2.1 billion bid for health tracker firm Fitbit Inc due to privateness and competitors considerations.
Twenty advocacy groups from the United States, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google's $2.1 billion bid for fitness tracker company Fitbit Inc because of privacy and competition concerns.

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Author: Reuters Editorial

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Reuters Editorial has recently written 11 articles on similar topics including :
  1. "Facebook has secured a court order to temporarily stop EU antitrust regulators' information requests related to their investigations into the company's data and online marketplace, according to a General Court ruling". (July 28, 2020)
  2. "Alphabet Inc's Google is buying a 6.6% stake in home security firm ADT Inc for $450 million in a deal that will allow it to provide service to customers of its Nest home security devices". (August 3, 2020)
  3. "Facebook France has accepted paying more than 100 million euros in taxes, including a penalty, relating to its accounting years before 2018, French financial magazine Capital reported on its website". (August 24, 2020)
  4. "Google said it would change its policies in August to restrict advertising for spyware and malware that can be used to track a user's texts, phone calls, or browsing history". (July 10, 2020)
  5. "Google urged the European Commission on Thursday to avoid a one-size-fits-all approach to the tech industry in its forthcoming Digital Services Act". (September 3, 2020)
  6. "Facebook Chief Executive Mark Zuckerberg will defend the social media powerhouse before a U.S. House of Representatives hearing Wednesday on the market power of major tech firms". (July 28, 2020)
  7. "Alphabet Inc's Google will stop responding directly to data requests from Hong Kong authorities, the Washington Post reported on Friday, citing an unnamed person familiar with the matter". (August 14, 2020)
  8. "Facebook confirmed on Thursday that chief executive Mark Zuckerberg was interviewed earlier this week at a Federal Trade Commission (FTC) investigative hearing as part of the government's antitrust probe into the social media company". (August 20, 2020)
  9. "UK's Competition and Markets Authority:". (July 1, 2020)
  10. "Australia's competition regulator has launched court proceedings against Alphabet's Google for allegedly misleading consumers about the expanded use of personal data for targeted advertising". (July 27, 2020)
  11. "Some European Union regulators objected to Ireland's preliminary ruling in a landmark privacy investigation of Twitter, the lead regulator said on Thursday, triggering a process where a majority decision will be sought". (August 20, 2020)
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