SUBSCRIBERS
European Commission accuses Facebook of giving misleading information during WhatsApp takeover
Published Tue, Dec 20, 2016 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Stormy Daniels’ ex-lawyer in the hot seat at Trump trial
New Zealand says ‘seriously concerned’ by China’s increased security actions in Pacific
EU, ISSB agree on minimising overlaps in company climate disclosures
US law firm Mayer Brown to split from Hong Kong partnership
US labour costs rise by most in a year as productivity cools
US trade deficit narrows slightly in March