The Google-Fitbit Deal Might Face Another Regulatory Hurdle to Clear

Evan Niu, CFA, The Motley Fool
·3 min read
The Google-Fitbit Deal Might Face Another Regulatory Hurdle to Clear
The Google-Fitbit Deal Might Face Another Regulatory Hurdle to Clear

Just when it seemed that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google was getting close to securing regulatory approval in the European Union for its proposed acquisition of wearables maker Fitbit (NYSE: FIT), a new hurdle might be about to present itself. Japan is now reportedly looking to intensify antitrust scrutiny of major tech companies, including Google, Apple, Facebook, and Amazon.