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As I wrote a few weeks ago, it appeared that there was a significant chance that Google (GOOG) (GOOGL) would be able to avoid a full-scale investigation from EU's antitrust investigation by offering enough concessions to appease regulator's concerns. Google offered certain concessions, but it appears that EU's regulators were not satisfied and the EU launched a full-scale, four-month investigation after the preliminary review period ended on August 4th.
As you can see from the chart below, Fitbit (NYSE:FIT) has traded in a bounded range since the buyout offer and is currently