Australia rejects Google's undertaking for Fitbit's $2.1 bn acquisition
The Australian Competition and Consumer Commission (ACCC) has rejected an undertaking by Google that addressed the regulator's competition concerns over its $2.1 billion acquisition of Fitbit. Google had agreed to not use Fitbit users' health data for advertising and to behave in certain ways towards rival wearable manufacturers. Earlier, the EU approved Google's acquisition of Fitbit.