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Big tech accumulates data with acquisitions, hindering competition.


AI Impact(s)

Monopoly and Centralization

Concentration at the top of the tech industry continues unabated, making meaningful competition nearly impossible. Google's acquisition of Fitbit is emblematic of consolidation amongst a small handful of dominant monopoly platforms. The acquisition would give Google even more health data about millions of people. The acquisition went through following review from US and EU competition authorities. But the Australian Competition and Consumer Commission initially rejected Google's proposal due to its likely effect on non-Apple wearable manufacturers, and continued its investigation even after the deal was completed.

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