Fitbit withdraws its request with the ITC to block Jawbone's imports to the U.S.

Last year, wearable maker Fitbit filed a complaint with the ITC, asking it to ban former rival Jawbone's imports to the U.S. because of a patent infringement issue. Both companies make fitness trackers. But Jawbone has been having a tougher time than Fitbit to say the least. During this year's third quarter, Fitbit owned a leading 23% of the global wearables market according to IDC. Jawbone's slice of the pie was too low to be broken out separately.

With Jawbone's lack of success, Fitbit announced on Friday that it was no longer seeking to take legal action against the company because of  ...