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15:41 05/01/2017

Facebook 'misled' EU regulators over its takeover of WhatsApp

But now the European Commission has sent Facebook a "statement of objections," alleging that the company gave it "incorrect or misleading information" during its antitrust investigation of the merger. There's no risk that the Commission will go back on its approval of the merger: This case is only concerned with whether Facebook followed EU procedures correctly. The statement of objections gives Facebook until Jan. 31 to respond to the charges. If the Commission is not satisfied with the response, it could fine the company up to 1 percent of its worldwide revenue.