This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 6 °C Monday 9 December, 2019
Advertisement

Facebook tries to avoid future headaches by asking EU to review WhatsApp deal

The review, if it goes ahead, could help Facebook avoid potential antitrust reviews from multiple EU member states.

Image: Ben Margot/AP/Press Association Images

FACEBOOK HAS ASKED the European Commission (EC) to review its $19 billion takeover of the messaging app WhatsApp.

The company has approached the EC to see if it would review the deal. The EC has informed the national competition authorities of the request, according to The Wall Street Journal.

The review, which could end up turning into an official investigation, could allow Facebook to avoid individual reviews from any EU member states, and avoid any surprises that might spring up.

It also faces pressure from European telecom companies who believe that WhatsApp would give it a dominant position in the instant messaging market here.

For EU authorities to review the deal, Facebook must prove that it’s under review in at least three EU countries, although its not clear if any regulators were looking at lodging investigations that could halt it.

Since Facebook has submitted a request to the competition commission, member states with permission to review the deal at a national level can veto the request for the EC to take the case.

The deal, which was announced back in February, was approved in the US Federal Trade Commission in April.

Read: Iranian judge summons Facebook’s Mark Zuckerberg over privacy complaints >

Read: Spotify suffers security breach, but only one user was affected >

  • Share on Facebook
  • Email this article
  •  

About the author:

Quinton O'Reilly

Read next:

COMMENTS (2)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel