Google-Fitbit deal should be blocked by US, groups say

The US$2.1bil (RM8.73bil) takeover would allow Google to entrench its monopoly power in the digital marketplace, the groups said Nov 13 in a letter to the US Federal Trade Commission. — Reuters

US antitrust enforcers should stop Google’s proposed acquisition of Fitbit Inc because the deal will further consolidate the search giant’s control over consumer data, a coalition of privacy and consumer advocates said.

The US$2.1bil (RM8.73bil) takeover would allow Google to entrench its monopoly power in the digital marketplace, the groups said Nov 13 in a letter to the US Federal Trade Commission.