facebook fined £94m for misleading eu over whatsapp takeover /

Published at 2017-05-18 13:10:37

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European commission says fine is a ‘clear signal’ to companies that they must comply with EU merger rulesFacebook has been fined 110m (£94m) by the EU for providing misleading information approximately 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.
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Source: theguardian.com

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