The European Commission has accused Facebook of misleading the organisation with its takeover of WhatsApp. The European Commission claims Facebook provided misleading information leading up to acquisition of WhatsApp, opening up to a possible fine of 1 percent of its turnover.
Facebook has time until January 31 to respond and if the Commission's concerns are confirmed, it can impose a fine of up to 1 percent of turnover, accounting to about $179 million. "We respect the Commission's process and are confident that a full review of the facts will confirm Facebook has acted in good faith, a Facebook spokeswoman said.
Facebook says it is willing to cooperate with the European watchdogs and plans to provide accurate information about company's technical capabilities.
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