EC Sends Statement of Objections to Facebook Over WhatsApp Acquisition
The European Commission is taking another look at Facebook’s October 2014 acquisition of WhatsApp.
The European Commission is taking another look at Facebook’s October 2014 acquisition of WhatsApp.
The EC sent a statement of objections to Facebook, focused on the social network’s assertion during the August 2014 review of the transaction that it did not have the ability to match information from Facebook user accounts and WhatsApp user accounts, and the social network has until Jan. 31 to respond.
Facebook faces a fine of up to 1 percent of its net sales.
The EC said in a press release:
When reviewing Facebook’s planned acquisition of WhatsApp, the commission looked, among other elements, at the possibility of Facebook matching its users’ accounts with WhatsApp users’ accounts.
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