Friday, 21 July 2017

EC approves Facebook's WhatsApp buy

By Nick Wood, Total Telecom
Friday 03 October 14

Watchdog says consumers will still have wide choice of messaging apps once $19 billion deal closes.

The European Commission on Friday approved Facebook's $19 billion acquisition of WhatsApp, saying that the deal raised no competition concerns. "We have carefully reviewed this proposed acquisition and come to the conclusion that it would not hamper competition in this dynamic and growing market…

The European Commission on Friday approved Facebook's $19 billion acquisition of WhatsApp, saying that the deal raised no competition concerns. "We have carefully reviewed this proposed acquisition and come to the conclusion that it would not hamper competition in this dynamic and growing market…

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