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Facebook Accused of Misleading EU in WhatsApp Takeover Probe

  • Social network may have given ‘incorrect or misleading’ info
  • Facebook could face EU fine of up to 1% of yearly revenue
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Facebook Accused of Misleading EU in WhatsApp Probe

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Facebook Inc. risks a multimillion-euro fine for allegedly misleading European Union merger watchdogs when it won approval to buy the WhatsApp messaging service in 2014.

The EU’s antitrust authority said Tuesday it suspects Facebook supplied "incorrect or misleading information" on linking data with WhatsApp as officials investigated the tie-up two years ago. Approval for the $22 billion deal isn’t under threat, regulators said.