If you’re concerned about the pervasive role in daily life of technology companies such as Alphabet Inc.’s Google, then its planned $2.1 billion acquisition of Fitbit Inc. is a worry. Google already owns the biggest search engine, the most popular video-streaming site (YouTube), the biggest mobile operating system (Android) and the dominant e-mail service (Gmail).
The EU is questioning whether Google's proposed takeover of Fitbit will harm competition, or give it access to too much personal data.
Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit <FIT.N> may give it too much of people's data, potentially hurting competition in health and online advertising markets.
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