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- A 3D printed Whatsapp logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016.REUTERS/Dado Ruvic/IllustrationBRUSSELS European Union antitrust regulators have charged Facebook Inc (FB.O) with providing misleading information during its takeover of WhatsApp, opening the company to a possible fine of 1 percent of its turnover.The statement of objections sent to Facebook will not have an impact on the approval of the $22 billion merger in 2014, the European Commission said in a statement on Tuesday.
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- Facebook Inc. FB, -0.53% is facing a potential fine from the European Union's competition watchdog after the European Commission accused the social media company of providing "misleading information" about its planned WhatsApp takeover.The commission said on Tuesday it has sent a so-called Statement of Objections to Facebook alleging the company gave incorrect information during the 2014 investigation of its $19 billion takeover of WhatsApp."In this specific case, the Commission's preliminary view is that Facebook gave us incorrect or misleading information during the investigation into its acquisition of WhatsApp.
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- Facebook could be facing a potential fine after the European Commission has accused the company of providing misleading information about its $19bn takeover of messaging service WhatsApp.The EU said that Facebook "intentionally or negligently" submitted misleading information, breaching EU merger rules.The company faces fines of up to 1 per cent of annual sales or roughly $125m according to Facebook's annual revenue in 2014.
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follow the latest progress in whats app in different sites most famous technicals "Reuters Editorial" by 2016-12-20 at 6:37
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EU charges Facebook with misleading information during WhatsApp takeover
- A 3D printed Whatsapp logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016.REUTERS/Dado Ruvic/IllustrationBRUSSELS European Union antitrust regulators have charged Facebook Inc (FB.O) with providing misleading information during its takeover of WhatsApp, opening the company to a possible fine of 1 percent of its turnover.The statement of objections sent to Facebook will not have an impact on the approval of the $22 billion merger in 2014, the European Commission said in a statement on Tuesday.
. read more from here
EU accuses Facebook of providing 'misleading' information about WhatsApp deal
- Facebook Inc. FB, -0.53% is facing a potential fine from the European Union's competition watchdog after the European Commission accused the social media company of providing "misleading information" about its planned WhatsApp takeover.The commission said on Tuesday it has sent a so-called Statement of Objections to Facebook alleging the company gave incorrect information during the 2014 investigation of its $19 billion takeover of WhatsApp."In this specific case, the Commission's preliminary view is that Facebook gave us incorrect or misleading information during the investigation into its acquisition of WhatsApp.
. read more from here
EU accuses Facebook of providing 'misleading' information on WhatsApp buyout
- Facebook could be facing a potential fine after the European Commission has accused the company of providing misleading information about its $19bn takeover of messaging service WhatsApp.The EU said that Facebook "intentionally or negligently" submitted misleading information, breaching EU merger rules.The company faces fines of up to 1 per cent of annual sales or roughly $125m according to Facebook's annual revenue in 2014.
. read more from here
to read more visit us whats app
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