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Tag Archives: Margrethe Vestager

EU explains fine of 110mn euros on Facebook over ‘misleading’ info in WhatsApp takeover

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The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp. EU Competition Commissioner Margrethe Vestager said in a statement said “Today’s decision sends a clear signal to companies that they must comply with all aspects of EU merger rules, including the obligation to ...

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