Social Pro Daily

Facebook Seeks EC Review Of WhatsApp Deal, Rather Than Facing Probes In Several Countries

Hoping to avoid dealing with antitrust investigations by several countries in the European Union regarding its $19 billion acquisition of cross-platform messaging application WhatsApp, Facebook requested that the EU’s central antitrust authority, the European Commission, conduct a review of the transaction, The Wall Street Journal reported.

DavidCohen
By David Cohen

EuropeanUnionFlags650Hoping to avoid dealing with antitrust investigations by several countries in the European Union regarding its $19 billion acquisition of cross-platform messaging application WhatsApp, Facebook requested that the EU’s central antitrust authority, the European Commission, conduct a review of the transaction, The Wall Street Journal reported.

According to the Journal, Facebook expressed concerns that EU nations including the U.K., Spain, and Cyprus were exploring investigations of the WhatsApp deal, and if there are no objections from national competition authorities, the EC will conduct a review.

The

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DavidCohen

David Cohen

David Cohen is editor of Adweek's Social Pro Daily.

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