ICT&health January 26, 2021
Are really the big tech companies disrupting healthcare? To check it out, we have analysed Google, Amazon, and Apple’s activities in the medical and pharmaceutical sectors.
In December 2020, the European Commission approved Google’s acquisition of Fitbit, the wearables market leader. The $2.1 billion worth transaction was Google’s first investment in the health and wellness industry, sparking protests around the world, including those of Amnesty International. According to IDC predictions, the smart wearables market will continue to grow dynamically by about 12.4% year-over-year in the next four years. This year alone, approximately 400 million such devices will reach consumers. The European Commission approved Google’s purchase of Fitbit under several conditions to ensure transparent data use for advertising purposes or...
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