Google completes $2.1 billion acquisition of Fitbit

Alphabet Inc’s Google has completed its $2.1 billion acquisition of wearable device maker Fitbit Inc, the companies said on Thursday.

The deal had triggered concerns over Google’s market power and the use of people’s health data in targeted advertising.

The companies won antitrust approval from the European Union in December after Google agreed to restrictions on how it will use customers’ health related data.

“This deal has always been about devices, not…


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