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By Reuters Staff (Adds Google comment, industry background) Jan 14 (Reuters) - 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 data, and we’ve been clear since the beginning t...

* EU hitting successful firms - U.S. Chamber of Commerce * Google warns of threat to innovation (Adds booking.com comment) By Foo Yun Chee BRUSSELS, Dec 15 (Reuters) - U.S. technology firms including Amazon, Apple, Facebook, and Google face fines of up to 10% of annual turnover and could even be broken up under draft European Union rules announced on Tuesday aimed at curbing their powers. The rules are the most serious attempt by the 27-country bloc to rein in tech companies that control troves of data and online platforms relied on by thousands of companies and millions of Europeans for thei...