EU fines Facebook over misleading information

BRUSSELS (AP) — The European Union has fined Facebook 110 million euros ($122 million) for providing misleading information over its buyout of mobile messaging service WhatsApp.

The European Commission said Thursday that when Facebook informed it of the 2014 takeover it had said it would be unable to “establish reliable automated matching” between Facebook and WhatsApp user accounts.

But the Commission says that in 2016 WhatsApp offered updates including the possibility of linking user phone numbers with Facebook user IDs.

Competition Commissioner Margrethe Vestager said the fine is proportionate and serves as a deterrent to other companies.

She said, “the Commission must be able to take decisions about mergers’ effects on competition in full knowledge of accurate facts.”

Facebook said in a statement that it “acted in good faith” throughout with the EU office and “sought to provide accurate information at every turn.”

It added that the “errors we made in our 2014 filings were not intentional.”

KRQE.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s