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according to (STAN HONDA/AFP/Getty Images)Share this: EmailTwitterFacebookLinkedInRedditGoogleMorePinterestTumblrTags: EU, facebook, WhatsApp By Queenie Wong / May 18, 2017 at 10:12 AMFacebook was fined $122 million for giving European Union antitrust regulators misleading or incorrect information about its acquisition of messaging service WhatsApp in 2014. Photo: Logo of WhatsApp, the popular messaging service bought by Facebook, seen on a smartphone. The Menlo Park tech firm told the European Commission, the executive arm of the EU, in 2014 that it couldn't automatically match Facebook's users' accounts to WhatsApp users' accounts. Facebook purchased WhatsApp, which now has more than 1 billion users in over 180 countries, for $22 billion in 2014.
according to But in 2016, Facebook released an update to its terms of service that raised the possibility of linking accounts from both platforms. Facebook said that to the best of its knowledge, the information it provided was correct. The Commission therefore considers that, albeit relevant, the incorrect or misleading information provided by Facebook did not have an impact on the outcome of the clearance decision," a Commission statement read. It added that Thursday's fine is unrelated to any ongoing national antitrust or data protection issues that may arise following the update that WhatsApp rolled out in 2016. "The Commission at the time also carried out an 'even if' assessment that assumed user matching as a possibility.
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to read more visit us whats app br/>
according to (STAN HONDA/AFP/Getty Images)Share this: EmailTwitterFacebookLinkedInRedditGoogleMorePinterestTumblrTags: EU, facebook, WhatsApp By Queenie Wong / May 18, 2017 at 10:12 AMFacebook was fined $122 million for giving European Union antitrust regulators misleading or incorrect information about its acquisition of messaging service WhatsApp in 2014. Photo: Logo of WhatsApp, the popular messaging service bought by Facebook, seen on a smartphone. The Menlo Park tech firm told the European Commission, the executive arm of the EU, in 2014 that it couldn't automatically match Facebook's users' accounts to WhatsApp users' accounts. Facebook purchased WhatsApp, which now has more than 1 billion users in over 180 countries, for $22 billion in 2014.
according to But in 2016, Facebook released an update to its terms of service that raised the possibility of linking accounts from both platforms. Facebook said that to the best of its knowledge, the information it provided was correct. The Commission therefore considers that, albeit relevant, the incorrect or misleading information provided by Facebook did not have an impact on the outcome of the clearance decision," a Commission statement read. It added that Thursday's fine is unrelated to any ongoing national antitrust or data protection issues that may arise following the update that WhatsApp rolled out in 2016. "The Commission at the time also carried out an 'even if' assessment that assumed user matching as a possibility.
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Facebook fined $122 million for misleading EU over WhatsApp deal
Facebook has been smacked with a €110 million fine by the antitrust wing of the European Commission for providing incorrect or misleading information about its acquisition of WhatsApp. "The commission has found that... the technical possibility of automatically matching Facebook and WhatsApp users' identities already existed in 2014, and that Facebook staff were aware of such a possibility," the commission said on Thursday. It added:the Commission considers that Facebook staff were aware of the user matching possibility and that Facebook was aware of the relevance of user matching for the commission's assessment, and of its obligations under the Merger Regulation. By that rationale, the €110m fine for two breaches under EU competition rules is small: it could have been as large as €480 million. Back in 2014, upon the pronouncement of their impending nuptials, WhatsApp promised that "nothing" would change for its hundreds of millions of users after being acquired by Facebook.to read more visit us whats app br/>
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