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Illustration: Aïda Amer/Axios

Regulators on both sides of the Atlantic are beginning to probe whether the biggest tech companies' handling of consumer data represents an unfair form of competition.

Why it matters: Consumer data is the fuel of the digital economy and the key to tech giants' market leverage. It is also challenging antitrust regulators’ ability to investigate competition issues, because today’s antitrust laws don’t specifically address data dynamics.

Driving the news: Justice Department antitrust chief Makan Delrahim, in a speech Friday at an antitrust conference in Cambridge, Mass., said that the way tech firms amass data could raise concerns about competition.

  • The DOJ is conducting an antitrust review of big tech companies, and Delrahim told the crowd that includes studying the role data plays in market power.

Context: The amount of data Google will collect in its $2.1 billion acquisition of Fitbit is already drawing the attention of privacy advocates and competition enforcers.

  • European Union antitrust chief Margrethe Vestager said deals that involve combining user data will get a close look because of their potential to hamper competition or create privacy issues, in response to questions about the Google deal at the Web Summit in Lisbon last week, according to Bloomberg.
  • Marc Rotenberg, president of the Electronic Privacy Information Center, said the organization will oppose the deal in part because of privacy issues. (Google has said it will not use Fitbit data for ads.)
  • EPIC is also urging lawmakers to press the FTC on data collection in merger reviews ahead of a House Judiciary antitrust subcommittee hearing Wednesday with Delrahim and FTC Chairman Joe Simons.
  • In a statement for Axios, subcommittee chairman David Cicilline (D-R.I.) said, "The immense amount of data that dominant firms have collected has given them a tremendous advantage over potential competitors whose ability to attract investment and compete effectively often depends on their access to data."

Yes, but: Fitbit is not the dominant player in the wearables health device market — that honor goes to the Apple Watch.

  • Google and Fitbit also do not closely compete in the market, so Google's entry doesn't really eliminate competition between the two, but instead could pose a stronger competitive threat to Apple.

More broadly, experts question whether antitrust laws are the right tool to remedy concerns about growing data collection.

  • "The enforcers see these companies getting big, they see them accumulating lots of personal data and they don't have a statutory framework to analyze or investigate that in the privacy realm, so they are borrowing from the antitrust realm, and it’s a bad fit," said Joel Mitnick, an antitrust lawyer with Cadwalader, Wickersham & Taft.
"The only thing you can say in the antitrust realm in regard to companies’ increasing possession of data is 'big is bad,' and 'big is bad' is a disreputable antitrust principle and has been for decades."
— Joel Mitnick
  • In Europe, Vestager, who now has expanded regulatory powers, may impose new rules on tech companies' data use, per a Reuters report.
  • “If we want to define the market, to set out what’s acceptable and what isn’t, then what we need is not more competition enforcement. We need regulation," she said, according to the report.
  • The EU's General Data Protection Regulation includes a hefty fine for privacy violations to create an incentive structure around privacy that would be as punitive as competition violations.

Meanwhile, Congress is looking at new data portability legislation as a way to boost competition in the tech industry by allowing users to take information like friends lists from one platform to another.

  • Democratic Sens. Mark Warner (Va.) and Richard Blumenthal (Conn.), and Republican Sen. Josh Hawley (Mo.) introduced a bill last month that would require social media companies to provide a way for customers to move their personal information to another platform.
  • Rules requiring phone companies to allow customers to keep their number when switching providers are credited with increasing competition among wireless carriers.
  • But that approach might be a tougher fit for personal information on digital platforms, where there's no standard format of exchange.

Go deeper

Updated 27 mins ago - Energy & Environment

Thousands without power as "hazardous" winter storm lashes East Coast

Satellite imagery of the Northeastern U.S. taken by NOAA on Jan. 17. Photo: NOAA

A major winter storm lashed much of the East Coast Sunday and Monday, causing widespread power outages and disrupting travel over the holiday weekend.

The latest: Authorities in North Carolina confirmed that two people died in a car crash and that they responded 600 vehicle accidents during the storm on Sunday, per the Washington Post.

CDC director says COVID-19 messaging should have been clearer

Rochelle Walensky. Photo: Stefani Reynolds-Pool/Getty Images

Rochelle Walensky, director of the Centers for Disease Control and Prevention, said in an interview with the Wall Street Journal that the messaging around the COVID-19 pandemic and changing guidance should have been clearer.

State of play: Walensky is being coached by media experts and is planning to have more press briefings by herself in order to ensure that CDC is seen as an independent, scientific entity, rather than as a political one, the Journal reports.

2 hours ago - World

UAE asks U.S. to reinstate Houthi terrorist designation after attack

Secretary of State Tony Blinken (left) listens to United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed al-Nahyan during a joint news conference at the State Department iin October. Photo: Andrew Harnik/Pool/AFP via Getty Images

Emirati Foreign Minister Abdullah Bin Zayed asked Secretary of State Tony Blinken in a phone call Monday to re-designate the Houthi rebels in Yemen as a terrorist organization, a senior Emirati official told Axios.

Why it matters: Less than a month after he assumed office, President Biden rolled back the Trump administration’s decision to make the designation. He said it hampered humanitarian assistance to the Yemeni people. Since then, the Houthis have escalated their attacks against Saudi Arabia and other countries in the region — including an attack Monday in Abu Dhabi.