Google clinches deal to buy Fitbit amid inquiry

Published
3
Fitbit Blaze watch is seen in front of a displayed Google logo in this illustration picture taken in 2019. — Reuters
Fitbit Blaze watch is seen in front of a displayed Google logo in this illustration picture taken in 2019. — Reuters

WASHINGTON: Search and advertising giant Google has closed its deal to buy fitness tracking company Fitbit, the companies said on Thursday, even as the US Justice Department said it was continuing its probe of the $2.1 billion transaction.

The Justice Department, which sued Alphabet’s Google in October for allegedly violating antitrust law in its search and search advertising businesses, said it “has not reached a final decision about whether to pursue an enforcement action” regarding the Fitbit deal. “We complied with the DOJ’s (Justice Department’s) extensive review for the past 14 months, and the agreed upon waiting period expired without their objection,” a Google spokesperson said.

“We continue to be in touch with them and were committed to answering any additional questions.”

It is rare for a big deal to close without anti-trust approval. Australia has also not yet approved the transaction. Google won EU anti-trust approval last month for its Fitbit bid after agreeing to restrictions on how it will use customers’ health-related data.

Fitbit makes a watch-like device to measure physical activity that competes with Apple Watch and others. Google said it was buying the company in order to compete in this market.

Published in Dawn, January 15th, 2021

Opinion

Editorial

Referendum talk
Updated 14 Nov, 2026

Referendum talk

Unless the PPP is deliberately using Sindh as a bargaining chip, it should issue a clarification with a clear, consistent position on new administrative units, not one tailored to protect its home turf.
Mineral wealth
Updated 14 Nov, 2026

Mineral wealth

Minerals should not be presented as a solution to Pakistan’s long-term economic difficulties. The aim should be to build an industrial base rather than export raw materials.
Late diagnosis
14 Nov, 2026

Late diagnosis

AS we mark World Diabetes Day today, Pakistan faces a troubling question: how many people are living with diabetes...
Climate challenges
Updated 13 Nov, 2026

Climate challenges

Pakistan cannot afford to confront its climate crises one disaster, one season and one international summit at a time.
Under fire
Updated 13 Nov, 2026

Under fire

KP police are increasingly vulnerable as they play a frontline role in ongoing operations against terrorists.
Used car imports
13 Nov, 2026

Used car imports

THE government’s effort to restrict used car imports appears to be faltering. So suggest the numbers. Despite...