Google Is Basically Daring the Government to Block Its Fitbit
Deal
The company’s moves into health data will test how serious
antitrust enforcers are about privacy issues.
Google’s plan to buy Fitbit took chutzpah from the start. The
company was already being investigated by Congress, state attorneys
general, and federal antitrust regulators, a reflection of growing
alarm over a conglomerate whose dominant market share is built on
unrivaled access to personal data. Now it was announcing a $2.2
billion acquisition of a firm with troves of the most intimate
details of its users’ physical health, from their heart rate to
their exercise routines to how many hours they sleep at night.
Fitbit was apparently worried enough about the threat of the deal
being blocked that it negotiated a $250 million breakup fee in case
of “a failure to obtain Antitrust Approvals.”
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https://www.wired.com/story/google-fitbit-project-nightingale-antitrust/