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European Commission accuses Facebook of giving misleading information during WhatsApp takeover

Published Tue, Dec 20, 2016 · 09:50 PM
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Brussels

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 one per cent of its turnover.

The statement of objections sent to Facebook will not have an impact on the approval of the US$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 th…

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