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Here’s The 3 Reasons Europe Green-Lighted Facebook’s $19B WhatsApp Deal
The EU has approved Facebook’s landmark $19 billion acquisition of messaging startup WhatsApp — determining that the two are “not close competitors”. In a statement confirming the clearance, it highlights three key areas where it believes the two do not create an anticompetitive environment for other players in this space: consumer communications services; social… Read More
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EU OKs Facebook’s $19B WhatsApp Acquisition, Clearing The Last Antitrust Hurdle
This just coming in: the EU has approved Facebook’s $19 billion acquisition of WhatsApp — deciding that the two are “not close competitors”. WhatsApp today has 600 million users, while Facebook has 1.3 billion, with 300 million using its Facebook Messenger product. This marks closure for the last big regulatory hurdle that the social network needed to pass before… Read More
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