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Google, Fitbit deal could hamper competitors: Australian regulator

Australia's client watchdog stated on Thursday it had considerations that Alphabet Inc-owned Google's deliberate $2.1 billion acquisition of health tracker firm Fitbit could hinder competitors in digital promoting and well being markets.
Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.

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Author: Reuters Editorial

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Reuters Editorial has recently written 11 articles on similar topics including :
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