You say that like there's a difference. You say that like the detail of data that Google Analytics farms is acceptable. You say that like what Google does with the data is acceptable. Just because companies want the data doesn't mean they deserve it.

What does Google do with analytics data that's not acceptable to you?

https://support.google.com/analytics/answer/1011397 says "Regardless of your data sharing settings, your Analytics data may also be used only insofar as necessary to Maintain and protect the Analytics service."

Totally agree that Google should not be on a service like this in any shape or form.

But "sharing data" does somewhat suggest they are sharing the payload, the actual conversations.