EU Fines Facebook $122M Over Lies During WhatsApp Deal

Law360, New York (May 18, 2017, 3:41 PM EDT) -- The European Union's top antitrust enforcer slapped Facebook Inc. with a €110 million ($122.4 million) fine on Thursday for providing incorrect or misleading information during a 2014 European Commission investigation into Facebook’s $22 billion acquisition of the messaging service WhatsApp.

In December, Facebook was formally accused by the commission of lying to regulators when it told them during a 2014 review of the merger that it would not be able to establish reliable automated matching between Facebook users' accounts and WhatsApp user accounts. In reality, that...
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