Mergers & Acquisitions Mergers & Acquisitions

Google, Facebook deals for Fitbit, Giphy could face scrutiny in Brazil

By Flavia Fortes and Ana Paula Candil
  • 22 Jul 2020 10:36
  • 22 Jul 2020 10:40
Google’s proposed acquisition of fitness tracker Fitbit and Facebook’s bid for animated image company Giphy are under consideration by antitrust officials for potential review in Brazil, MLex has learned.

The Brazilian competition authority is in touch with the tech giants to learn more about the deals and determine whether it will require

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