Facebook hit with fine for 'misleading' EU about WhatsApp takeover
The European Union has fined Facebook €110 million (£94 million; $122 million) for providing misleading information about its 2014 acquisition of WhatsApp.
In a press release, the European Commission said when Facebook informed it of the takeover it had said it would be unable to "establish reliable automated matching" between Facebook and WhatsApp user accounts.
However, in 2016 WhatsApp offered exactly that — the possibility of linking user phone numbers with Facebook user IDs.
“Today’s decision sends a clear signal to companies that they must comply with all aspects of EU merger rules, including the obligation to provide correct information,’” said the EU competition commissioner, Margrethe Vestager. Read more...
More about Facebook, Eu, Whatsapp, Fine, and Business✍ Sumber Pautan : ☕ Mashable
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