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- The European Commission has accused Facebook of providing "incorrect or misleading information" in the run-up to its $19 billion acquisition of WhatsApp in 2014.Information requested by the Commission is used to vet large mergers and takeovers, aiming to find out if the resulting business would be anti-competitive.If Facebook cannot provide a decent excuse for misleading the Commission before January 31st it could be fined up to $179 million.
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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/IllustrationBy Julia FiorettiBRUSSELS (Reuters) - The European Commission has charged Facebook Inc (FB.O) with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.
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- Margrethe Vestager, Europe's competition chief, said Facebook had misled regulators in 2014 when it bought WhatsApp for $19 billion.NEW YORK — European competition officials filed charges Tuesday against Facebook, accusing the social media giant of making misleading statements to receive regulatory approval for its $19 billion purchase of WhatsApp, the Internet messaging service.The accusation, which could lead to a fine of up to 1 percent of Facebook's yearly revenue, meaning a penalty of about $200 million, comes amid growing tension with Europe's policy makers over how the company is able to dominate much of the region's digital world.
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- 0:48 Four things you need to know about the iphone 7 Pause2:53 Santa visits babies at Overland Park neonatal intensive care unit2:20 British boy marvels at Kansas City's kindness as he battles bone cancer3:55 KC bar hopping with George Wendt and friends37:22 Titans 19, Chiefs 17: Postgame analysis1:53 Do you live in one of America's unhealthiest states?0:26 Royals fan Tim Grimes on life after beating cancer1:40 Chiefs wide receiver Tyreek Hill on running fast while growing up0:56 Travis Kelce: 'Felt like we got a little conservative'
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follow the latest progress in whats app in different sites most famous technicals "James Vincent" by 2016-12-21 at 7:45
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EU says Facebook misled it over its WhatsApp data-sharing policy
- The European Commission has accused Facebook of providing "incorrect or misleading information" in the run-up to its $19 billion acquisition of WhatsApp in 2014.Information requested by the Commission is used to vet large mergers and takeovers, aiming to find out if the resulting business would be anti-competitive.If Facebook cannot provide a decent excuse for misleading the Commission before January 31st it could be fined up to $179 million.
. read more from here
EU accuses Facebook of misleading it in WhatsApp takeover probe
- A 3D printed Whatsapp logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016.REUTERS/Dado Ruvic/IllustrationBy Julia FiorettiBRUSSELS (Reuters) - The European Commission has charged Facebook Inc (FB.O) with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.
. read more from here
European officials accuse Facebook of misleading them on WhatsApp deal
- Margrethe Vestager, Europe's competition chief, said Facebook had misled regulators in 2014 when it bought WhatsApp for $19 billion.NEW YORK — European competition officials filed charges Tuesday against Facebook, accusing the social media giant of making misleading statements to receive regulatory approval for its $19 billion purchase of WhatsApp, the Internet messaging service.The accusation, which could lead to a fine of up to 1 percent of Facebook's yearly revenue, meaning a penalty of about $200 million, comes amid growing tension with Europe's policy makers over how the company is able to dominate much of the region's digital world.
. read more from here
EU watchdog probes Facebook over WhatsApp merger
- 0:48 Four things you need to know about the iphone 7 Pause2:53 Santa visits babies at Overland Park neonatal intensive care unit2:20 British boy marvels at Kansas City's kindness as he battles bone cancer3:55 KC bar hopping with George Wendt and friends37:22 Titans 19, Chiefs 17: Postgame analysis1:53 Do you live in one of America's unhealthiest states?0:26 Royals fan Tim Grimes on life after beating cancer1:40 Chiefs wide receiver Tyreek Hill on running fast while growing up0:56 Travis Kelce: 'Felt like we got a little conservative'
. read more from here
to read more visit us whats app
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