The Australian Competition and Consumer Commission (ACCC) is now soliciting feedback from the public regarding Google’s acquisition of Fitbit. The process will continue till December 9, 2020.
Back in November 2019, much to everyone’s surprise, Google announced that it is buying wearable manufacturer Fitbit in a deal valued at $2.1 billion. Since then, this transaction has gone through multiple phases including a probe from the European Commission regarding antitrust concerns. Despite this hurdle, Google is optimistic of completing the purchase by the end of this year.
