Friday, May 19, 2017

Facebook fined £94m for 'misleading' EU over WhatsApp takeover...

Facebook has been fined €110m (£94m) by the EU for providing misleading information about its 2014 takeover of WhatsApp.

The European commission said it had imposed a “proportionate” fine on the technology company to send a clear signal that all firms must comply with EU competition rules.

When Facebook took over the WhatsApp messaging service in 2014, it told the commission it would not be able to match user accounts on both platforms, but went on to do exactly that.

The commission found that Facebook staff knew in 2014 that it was technically possible to link WhatsApp phone numbers with Facebook users’ identities, contrary to their public statements about the merger.

In a statement Facebook said the errors were not intentional and noted that the commission confirmed these submissions had not changed the outcome of the merger inquiry. Full story...

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