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EU: DG Comp accuses Facebook of misleading on WhatsApp

By  |  January 2, 2017

The European Union’s competition watchdog has sent formal charges to Facebook alleging that the social media company provided misleading information during an investigation of its acquisition of WhatsApp in 2014.

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    However, the statement of objections sent to Facebook will not affect the EC’s approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.

    Facebook becomes the latest Silicon Valley target of EU competition commissioner Margrethe Vestager, who has demanded Apple (AAPL.O) pay back $14 billion in taxes to Ireland and hit Google with two market abuse investigations.

    The issue regards a WhatsApp privacy policy change in August when it said it would share some users’ phone numbers with parent company Facebook, triggering investigations by a number of EU data protection authorities.

    The Commission said Facebook had indicated in its notification of the planned acquisition that it would be unable reliably to match the two companies’ user accounts.

    “The Commission’s preliminary view is that Facebook gave us incorrect or misleading information during the investigation into its acquisition of WhatsApp,” said Vestager.

    Full Content: Reuters

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