Anti-trust

‘Facebook asks Europe to “like” deal’

Published on 29 May 2014 at 09:28

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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.

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