18-06-2020 14:47 via feedproxy.google.com

Australian regulator warns on Google’s $2.1 billion Fitbit acquisition over competition concerns

Australia’s antitrust regulator has warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people’s data, potentially hurting competition in health and online advertising markets.
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Reuters:The Australian Competition and Consumer Commission (ACCC) is the first regulator to voice concerns about the deal in a preliminary decision on Thursday.
“Buying Fitbit will allow Google to build an even more comprehen
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