This is not really surprising. Infrastructure is a key competitive advantage of Google, and they prefer to build their own stuff (including CDNs) instead of outsourcing it.
Given that Google is barely in the infrastructure market (they mostly just have a ton for their own uses), I don't see how Google + Akamai would be any less competitive than Akamai on its own.
I guess there could be some issues since this makes Google's competitors in other markets reliant on them, but from a "too much good infrastructure in one company" standpoint, I don't see how there would be anti-trust concerns.
Google has always wanted to make web faster. See http://code.google.com/speed/articles/ . And I'm sure you know about various Google tools (including Chrome) that try to speed up web.
They rely very heavily on web, and it's absolutely important for them to speed up web for people to keep moving away from native.