Facebook seeks EU antitrust review of WhatsApp deal - source

Wed May 28, 2014 4:33pm IST

An illustration photo shows a WhatsApp messenger logo on a screen behind a Facebook logo in Zenica February 20, 2014. REUTERS/Dado Ruvic/Files

An illustration photo shows a WhatsApp messenger logo on a screen behind a Facebook logo in Zenica February 20, 2014.

Credit: Reuters/Dado Ruvic/Files

Related Topics

Stocks

   

(Reuters) - Social network Facebook has asked European Union antitrust regulators to examine its $19 billion takeover of mobile messaging service WhatsApp, a person with direct knowledge of the matter said on Wednesday.

Companies, which need approvals for mergers from several national regulators in Europe, typically prefer to take their case to the European Commission to avoid the hassle of multiple reviews.

The deal was cleared in the United States last month by the Federal Trade Commission (FTC).

The FTC's Bureau of Consumer Protection, in a letter to the two companies on April 10, said WhatsApp must adhere to its current privacy practices after the merger, including a promise not to use WhatsApp users' personal data for targeted ads.

Facebook was not immediately available for comment, while a European Commission spokeswoman declined to comment.

(Reporting by Foo Yun Chee and Arnab Sen; Editing by Saumyadeb Chakrabarty)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Falling Profit

Reuters Showcase

Rising Star

Rising Star

Xiaomi moves into third place in global smartphone war.  Full Article 

Microsoft Band

Microsoft Band

Microsoft launches wearable fitness device for $199.  Full Article 

Fraud Cases

Fraud Cases

NY recovers $18 million using warrants for Facebook accounts.  Full Article 

Digital Wallets

Digital Wallets

Wal-Mart and allies in face-off with Apple Pay over mobile payments.  Full Article 

AeroMobil 3.0

AeroMobil 3.0

Flying car prototype takes to the skies.  Video 

Smart Device

Smart Device

Nintendo to develop "quality of life" device to track sleep, fatigue - CEO.  Full Article 

Using Twitter data

Using Twitter data

IBM, Twitter to partner on business data analytics.  Full Article 

Following The Crowd

Following The Crowd

With selfies and listicles, U.S. politicians go vote-hunting on social media.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage