The European Commission has charged Facebook Inc (FBO) for providing misleading information during its takeover of the online messaging service WhatsApp. EU Blamed Facebook for Giving Misleading Information on WhatsApp Purchase.
The European Commission doubts that in 2014 takeover, Facebook inaccurately claimed that it was unable to properly match user accounts between Facebook and WhatsApp. It was something the firm started doing just after two years when it began combining user data across the services
EU Blamed Facebook for Giving Misleading Information on WhatsApp Purchase
The commission said on Tuesday that this statement of objections sent to Facebook will not affect the EC’s approval of the $22 billion merger in 2014.
Facebook spokeswoman said:
Facebook is obliged to respond until Jan. 31. If the Commission’s blames are confirmed, it can fine the tech giant of about $179 million, based on 2015 revenues or 1 percent of the turn over.
Companies fined can appeal to the European Court of Justice, which has overturned some penalties in the past. The company will continue to cooperate and give the information officials need to resolve their questions.