Facebook asks EU Commission to review Whatsapp acquisition deal: Report

Thursday, 29 May 2014 - 4:17pm IST | Agency: ANI

Facebook has reportedly asked the European Commission to review its acquisition of the Mobile chat app WhatsApp.

According to Mashable, the social networking company first announced in February that it had agreed to acquire WhatsApp for 16 billion dollars, and the deal received FTC approval in the U.S. in April.

Facebook was not expected to go before the European Union's regulatory commission, but doing so may prove to be more convenient for the company.

Duncan Liddell, a partner in competition and European Union law at London's Ashurst law firm said that Facebook might also think that it would get a more consistent approach if there is just one review of the transaction.


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