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Summary List Placement We're approaching a year since Google declared its plan to acquire wearables company Fitbit for $2.1 billion, and the deal still hasn't closed.  The acquisition has been under intense scrutiny around the world, and right now European regulators are digging deep into the deal. Earlier this week it was reported that the merger could be close to clearing after Google offered...

The EU Commission has announced it is launching an in-depth probe into Google's proposal to acquire wearables maker Fitbit. "The Commission is concerned that the proposed transaction would further entrench Google's market position in the online advertising markets," it said in a statement. Google says the deal is about the devices, not the data. But after Google broke a major promise after acquiring DoubleClick...