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home / news releases / GOOGL - Fitbit +5% after Google submits more concessions to EU antitrust watchdog


GOOGL - Fitbit +5% after Google submits more concessions to EU antitrust watchdog

Fitbit (FIT) shares are up 4.9% pre-market after Google ([[GOOG]][[GOOGL]]) submits a second round of acquisition concessions to EU antitrust authorities.The European Commission didn't reveal the details of the new concessions and will now seek feedback from rivals and customers before accepting or dismissing the offer. .Google previously offered to not use Fitbit health data for targeted ads, but the Commission thought the concession was insufficient.The Commission will make a deal decision by December 23.Related: In August, the Commission launched a full-scale probe into the $2.1B Fitbit acquisition.

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Fitbit +5% after Google submits more concessions to EU antitrust watchdog
Stock Information

Company Name: Alphabet Inc.
Stock Symbol: GOOGL
Market: NASDAQ
Website: abc.xyz

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