Facebook to face multimillion-euro fine

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

The EU’s competition authority said in a statement yesterday that it suspects Facebook supplied “incorrect or misleading information” on linking data with WhatsApp when regulators cleared the tie-up two years ago.

Officials said approval for the $22bn (€21bn) deal is not under threat.