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Eu Accuses Facebook Of Giving Misleading Information During Whatsapp Takeover

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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A 3D printed Whatsapp logo is seen in front of a displayed Facebook logo in this illustration takenBy Julia Fioretti BRUSSELS (Reuters) - The European Commission has charged Facebook Inc 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. The 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. 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.




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