Home > Accessories > Google’s $2 Billion Bid For Fitbit ‘Not A Slam-Dunk’: Report

Google’s $2 Billion Bid For Fitbit ‘Not A Slam-Dunk’: Report

WASHINGTON: Assistant Attorney General Makan Delrahim, who heads the US Justice Department’s antitrust division, has recused himself from an investigation into Google, because of his past history as a lobbyist working for the company.

Now it is Attorney General William Barr who is issuing civil investigative demands (CIDs) to parties in the investigation and who will be more directly involved in the review than he would normally have been, sources said.

Calls for the investigation have followed news that Google is proposing to acquire Fitbit for US$2.1 billion.

A decision on Fitbit will probably not happen before conclusion of a larger Google investigation, according to Seth Bloom, formerly a general counsel for the US Senate Antitrust Subcommittee.

But “I think the Fitbit review is serious,” Bloom said yesterday. “Approval is not a slam-dunk.”

A picture taken on Dec. 17, 2019 shows the headquarters of Google in Mountain View, California.( The Yomiuri Shimbun via AP Images )

You may also like
Google Delays Blocking Of Cookies Until 2023
Apple, Facebook, Google, Amazon May Be Broken Up As Bill Approved
EU Launches Antitrust Probe Into Google Ads
News Corp Boss: Google’s Cookie-Ban Biggest Tech Change Of 2021
Google And Samsung Teaming Up For Foldable Smartphone