Post by account_disabled on Dec 24, 2023 7:08:36 GMT
Afor providing incorrect data while the EU merger regulation was adopted in . The decision came with a clear message to businesses. Competition Commissioner Vestager in a public statement announcing the decision Todays decision sends a clear signal to companies that they must comply with all aspects of EU merger regulations including the obligation to provide correct information. Why was the fine imposed Under the Merger Regulation the Commission can impose fines of up to of the parties aggregate turnover for intentionally or negligently providing misleading information.
When Facebook notified its acquisition of WhatsApp under the EU Country Email List Merger Regulation in it was required to provide information on the parties respective activities so that the Commission could assess the likely impact of the merger on users. At that time Facebook informed the Commission that it would not be able to establish a reliable automatic correlation between Facebook user accounts and WhatsApp user accounts. This was set out in its notice and subsequently in a response to a further request for information. In August WhatsApp announced updates to its terms of service and privacy policy including the ability to link users phone numbers with the identity of Facebook users. This triggered an investigation by the Commission into whether.
Facebook provided accurate information in about the technical possibility of automatic user matching. The investigation showed that at the time of the merger notification the possibility of automatic matching already existed and that Facebook staff were aware of this possibility. However the Commission stopped short of finding that his actions were intentional. recognition of this mistake and its cooperation in the procedural investigation. Does the decision impact the approval of the merger The decision to fine Facebook for its infringement procedures has no impact on the Commissions approval of the takeover of WhatsApp. The Commission also stated that the decision does not create any impact on ongoing national antitrust proceedings.
When Facebook notified its acquisition of WhatsApp under the EU Country Email List Merger Regulation in it was required to provide information on the parties respective activities so that the Commission could assess the likely impact of the merger on users. At that time Facebook informed the Commission that it would not be able to establish a reliable automatic correlation between Facebook user accounts and WhatsApp user accounts. This was set out in its notice and subsequently in a response to a further request for information. In August WhatsApp announced updates to its terms of service and privacy policy including the ability to link users phone numbers with the identity of Facebook users. This triggered an investigation by the Commission into whether.
Facebook provided accurate information in about the technical possibility of automatic user matching. The investigation showed that at the time of the merger notification the possibility of automatic matching already existed and that Facebook staff were aware of this possibility. However the Commission stopped short of finding that his actions were intentional. recognition of this mistake and its cooperation in the procedural investigation. Does the decision impact the approval of the merger The decision to fine Facebook for its infringement procedures has no impact on the Commissions approval of the takeover of WhatsApp. The Commission also stated that the decision does not create any impact on ongoing national antitrust proceedings.