Meta’s Deal Nod Gives German Antitrust Chief A Stomach Ache
- Germany says no justification to block Facebook/Kustomer deal
- Facebook is a longterm foe of Germany’s Federal Cartel Office
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Clearing Meta Platforms Inc.’s takeover of Kustomer comes with “a certain stomach ache,” Germany’s antitrust chief said as he gave a free pass to a longtime tech foe.
Andreas Mundt, the head of Germany’s Federal Cartel Office, has been battling Facebook for years in court and he refused to join other countries in getting the European Union to review the Kustomer deal, valued at more than $1 billion. The bloc ultimately approved the tie-up after the social network pledged to give rivals access to some data.