Home Technology Anti-trust: ‘Facebook asks Europe to “like” deal’

Anti-trust: ‘Facebook asks Europe to “like” deal’

by host

In an attempt to avoid a potential anti-trust review in Europe, “Facebook has asked European Union antitrust regulators to examine its $19 billion [€13,9 billion] deal to buy messaging service WhatsApp”, reports the Wall Street Journal Europe. The daily adds that —

The move was unexpected because the deal had been approved in the U.S. and wasn’t expected to face scrutiny by the European Commission, the EU’s central antitrust authority. But, in light of the potential for reviews by some of Europe’s national antitrust watchdogs, Facebook is seeking one hearing that will cover the entire 28-nation bloc.

Factual or translation error? Tell us.

Source link

You may also like