collected by :Andro Alex
according to "However, in August 2016, WhatsApp announced updates to its terms of service and privacy policy, including the possibility of linking WhatsApp users' phone numbers with Facebook users' identities," it said. Facebook has been fined $120m (€110m) by the European Commission for providing incorrect and misleading information on its takeover of WhatsApp in 2014. It noted that when Facebook notified the Commission of the acquisition in 2014, the company had said it would "be unable to establish reliable automated matching between Facebook users' accounts and WhatsApp users' accounts". EU regulators cleared the $19bn Facebook acquisition of WhatsApp, finding no reason to believe it would dampen competition in the burgeoning social media sector. "The Commission must be able to take decisions about mergers' effects on competition in full knowledge of accurate facts," Vestager said.
As it stated in Facebook fined $122m by the EU for "misleading" information over WhatsApp takeoverThe European Commission issued Facebook with a massive fine Thursday, after the company provided misleading information during an investigation into the $19 billion acquisition of popular messaging service WhatsApp. — Margrethe Vestager (@vestager) May 18, 2017The issue arose at the time of the merger in 2014, when Facebook stated that it was technically impossible to combine user information from Facebook and WhatsApp automatically. @facebook now fined 110 mio € for giving wrong/misleading information when it took over WhatsApp. WhatsApp suspended sharing information with Facebook in Europe in November, but a month later Vestager announced the opening of an investigation into the activity. Earlier this week, French and Dutch regulators also fined Facebook for infringing data protection and privacy rules.
As it stated in
to read more visit us whats app br/>
according to "However, in August 2016, WhatsApp announced updates to its terms of service and privacy policy, including the possibility of linking WhatsApp users' phone numbers with Facebook users' identities," it said. Facebook has been fined $120m (€110m) by the European Commission for providing incorrect and misleading information on its takeover of WhatsApp in 2014. It noted that when Facebook notified the Commission of the acquisition in 2014, the company had said it would "be unable to establish reliable automated matching between Facebook users' accounts and WhatsApp users' accounts". EU regulators cleared the $19bn Facebook acquisition of WhatsApp, finding no reason to believe it would dampen competition in the burgeoning social media sector. "The Commission must be able to take decisions about mergers' effects on competition in full knowledge of accurate facts," Vestager said.
As it stated in Facebook fined $122m by the EU for "misleading" information over WhatsApp takeoverThe European Commission issued Facebook with a massive fine Thursday, after the company provided misleading information during an investigation into the $19 billion acquisition of popular messaging service WhatsApp. — Margrethe Vestager (@vestager) May 18, 2017The issue arose at the time of the merger in 2014, when Facebook stated that it was technically impossible to combine user information from Facebook and WhatsApp automatically. @facebook now fined 110 mio € for giving wrong/misleading information when it took over WhatsApp. WhatsApp suspended sharing information with Facebook in Europe in November, but a month later Vestager announced the opening of an investigation into the activity. Earlier this week, French and Dutch regulators also fined Facebook for infringing data protection and privacy rules.
As it stated in
Facebook fined $122M for misleading EU commission over WhatsApp merger
The decision goes back to an investigation under the EU Merger Regulation dating back to 2014. The European Commission has slapped Facebook with a massive $122 million fine after the company purportedly provided "incorrect or misleading" information for its WhatsApp acquisition. Regardless of the fine, the Commission clarified the penalty has no impact on the merger authorization it granted to Facebook following the 2014 investigation. The move marks the first time the Commission has imposed a fine on a company since the Merger Regulation was originally introduced in 2004. Earlier this week, the French Commission nationale de l'informatique et des libertés (CNIL) fined Facebook €150,000 for violating its national Data Protection Act.to read more visit us whats app br/>
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