The European Commission has accused Facebook of providing “incorrect or omitted information” when it acquired WhatsApp for $ 19 billion in 2014. The information requested by the European Commission is used to examine large mergers and acquisitions in order to find out if the resulting business would be anti-competitive. As The Verge assures, if Facebook cannot explain why it omitted this information before January 31, 2017, it will have to pay a penalty of $ 179 million.
Facebook faces a penalty of $ 179M for omitting information
The EU does not believe that sharing this data is an anti-competitive practice, but that is no excuse for lie or omit information, since “companies are obliged to provide accurate information to the Commission during the supervision of a merger (…) In this particular case, the Commission's preliminary view is that Facebook gave us incorrect or omitted information during the investigation of its WhatsApp acquisition".
If you asked me what I think about all this, I can only say that I hope the EU is not soft with Facebook And ultimately, protect our privacy. There are still users like me who do not have a Facebook account and do not want to know anything about the network that Zuckerberg created about twelve years ago, so we still find it less funny that our information is used to “improve”, in quotes, a service We do not use. In any case, that is another front that they have open not only in Europe and in which I do not wish the famous social network much luck.
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