EU accuses Facebook of providing misleading info in WhatsApp takeover
PanArmenian.NetWednesday 21st December, 2016The statement of objections sent to Facebook will not have an impact on the approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday, December 20.Facebook becomes the latest Silicon Valley target of EU antitrust chief Margrethe Vestager, who has demanded Apple pay back $14 billion in taxes to Ireland and hit Google with two market abuse investigations.The issue regards a WhatsApp privacy policy change in August when it said it would share some users' phone numbers with parent company Facebook, triggering investigations by a number of EU data protection authorities.The Commission said Facebook had indicated in its notification of the planned acquisition that it would be unable reliably to match the two companies' user accounts."
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EU probes Facebook over WhatsApp merger
The European Commission is investigating whether Facebook gave misleading information about its takeover of mobile messaging service WhatsApp.The European Union's executive body on Tuesday gave Facebook until January 31 to answer a "statement of objections" about merger information the social media giant gave the Commission two years ago.The Commission, the EU's merger and anti-trust watchdog, is concerned that Facebook can match its users' accounts with WhatsApp user accounts.The company said in 2014 that it could not do this.
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EU Watchdog Probes Facebook Over WhatsApp Merger
EU Watchdog Probes Facebook Over WhatsApp MergerThe European Commission is investigating whether Facebook gave misleading information about its takeover of mobile messaging service WhatsApp.The EU's executive body on Tuesday gave Facebook until Jan. 31 to answer a "statement of objections" about merger information the social media giant gave the Commission two years ago.The Commission, the EU's merger and anti-trust watchdog, is concerned that Facebook can match its users' accounts with WhatsApp user accounts.The company said in 2014 that it could not do this.
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EU charges Facebook for lying about WhatsApp privacy controls
The European Commission has charged Facebook with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 per cent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $US22 billion ($30.4 billion) merger in 2014, the Commission said in a statement on Tuesday.Facebook becomes the latest Silicon Valley target of EU competition commissioner Margrethe Vestager, who has demanded Apple pay back €13 billion in taxes to Ireland and hit Google with two market abuse investigations.The issue regards a WhatsApp privacy policy change in August when it said it would share some users' phone numbers with parent company Facebook, triggering investigations by a number of EU data protection authorities.
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EU charges Facebook with giving 'misleading' information over WhatsApp
The European commission (EC) has filed charges against Facebook for providing "misleading" information in the run-up to the social network's acquisition of messaging service WhatsApp after its data-sharing change in August.The charges will not have an affect on the approval of the $22bn merger and is being treated completely separately to other European cases against Facebook, but could lead to Facebook being fined up to 1% of its global turnover in 2014 when the merger was approved, which was greater than $10bn for the first time.The European competition commissioner, Margrethe Vestager, said: "Companies are obliged to give the commission accurate information during merger investigations.They must take this obligation seriously.
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