The Business Times
business-time-50
SUBSCRIBERS

European Commission accuses Facebook of giving misleading information during WhatsApp takeover

google-preferred-sourceAdd BT as a preferred source
Published Tue, Dec 20, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Visitors at the KL Tower. Industry observers say inbound trip cancellations have surged to approximately 5,000 in the past month.

    Malaysia tourism hit by fuel shock; tour prices may jump 50%

    US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

    China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

    (From left) Tran Thanh Man has been re-elected as chairman of the National Assembly; To Lam has been elected state president; Le Minh Hung has been appointed prime minister; Tran Cam Tu is the standing member of the Party’s Secretariat.

    Vietnam formalises new state leadership, redefining ‘four pillars’ power balance

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More