Around the Net
EU Commission Launches Antitrust Probe Into WhatsApp Deal
- The Drum, Wednesday, September 3, 2014 7 AM
EU antitrust regulators have launched an investigation into Facebook’s proposed WhatsApp acquisition, asking communication rivals whether it would monopolise the market or drive up prices. Watchdogs have sent questionnaires to EU brands and telecom providers asking them what impact the deal could have.The $19bn acquisition is Facebook’s most expensive deal to date. The EU Commission's findings are scheduled to be published in early October.
