EU fines Facebook $122.4 million for misleading Information on WhatsApp purchase


The European Union antitrust regulators on Thursday, slammed Facebook a 110 million Euros ($122.4 million) fine for providing a misleading information over its take over of WhatsApp messaging app.

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 According to the European Commission, Facebook had earlier stated that it couldn't match users account on Facebook and WhatsApp but two years later acted contrary to what it had said.

 "The Commission had found that, contrary to Facebook's statements in the 2014 merger review process, the technical possibility of automatically matching Facebook and WhatsApp users' identities already existed in 2014, and that Facebook staff were aware of such a possibility," said the commission which acts as the EU's competition watchdog

 The Commission says that the fine will not reverse its decision to clear the purchase of WhatsApp and that its current investigations into data protection issues is not related and would be treated separate. 

Tags:
Facebook fine, WhatsApp, European Commission

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