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.”