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The European commission (EC) has filed charges against Facebook for providing "misleading" information in the run-up to the social network's acquisition of messaging service WhatsApp after its data-sharing change in August.The charges will not have an affect on the approval of the $22bn merger and is being treated completely separately to other European cases against Facebook, but could lead to Facebook being fined up to 1% of its global turnover in 2014 when the merger was approved, which was greater than $10bn for the first time.The European competition commissioner, Margrethe Vestager, said: "Companies are obliged to give the commission accurate information during merger investigations.
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![Mergers: Commission alleges Facebook provided misleading information about WhatsApp takeover]()
The European Commission has sent a Statement of Objections to Facebook alleging the company provided incorrect or misleading information during the Commission's 2014 investigation under the EU Merger Regulation of Facebook's planned acquisition of WhatsApp.Commissioner Margrethe Vestager, in charge of competition policy, said: "Companies are obliged to give the Commission accurate information during merger investigations.They must take this obligation seriously.
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The European Union on Tuesday accused Facebook Inc. of giving "incorrect or misleading information" to investigators who were probing its purchase of chat app WhatsApp in 2014, a surprise charge that exposes the company to a hefty fine.The European Commission, the bloc's top competition-enforcement body, said it suspects that Facebook inaccurately claimed during the 2014 takeover that it was unable to reliably match user accounts...
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follow the latest progress in facebook in different sites most famous technicals "Samuel Gibbs" by 2016-12-20 at 19:8
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EU charges Facebook with giving 'misleading' information over WhatsApp
The European commission (EC) has filed charges against Facebook for providing "misleading" information in the run-up to the social network's acquisition of messaging service WhatsApp after its data-sharing change in August.The charges will not have an affect on the approval of the $22bn merger and is being treated completely separately to other European cases against Facebook, but could lead to Facebook being fined up to 1% of its global turnover in 2014 when the merger was approved, which was greater than $10bn for the first time.The European competition commissioner, Margrethe Vestager, said: "Companies are obliged to give the commission accurate information during merger investigations.
read more from here
Mergers: Commission alleges Facebook provided misleading information about WhatsApp takeover
The European Commission has sent a Statement of Objections to Facebook alleging the company provided incorrect or misleading information during the Commission's 2014 investigation under the EU Merger Regulation of Facebook's planned acquisition of WhatsApp.Commissioner Margrethe Vestager, in charge of competition policy, said: "Companies are obliged to give the Commission accurate information during merger investigations.They must take this obligation seriously.
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EU Accuses Facebook of Giving Misleading Information on WhatsApp Purchase
The European Union on Tuesday accused Facebook Inc. of giving "incorrect or misleading information" to investigators who were probing its purchase of chat app WhatsApp in 2014, a surprise charge that exposes the company to a hefty fine.The European Commission, the bloc's top competition-enforcement body, said it suspects that Facebook inaccurately claimed during the 2014 takeover that it was unable to reliably match user accounts...
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