Connect with us

Hi, what are you looking for?

Jewish Business News

Court

EU Investigating Facebook’s $19 Billion WhatsApp Acquisition for Anti-Trust Violation

like-us-on-facebook-button

The EU has launched an investigation into Facebook’s $19 billion proposed acquisition of the popular app WhatsApp for  possible anti-trust violations. Facebook intends to pay a higher price for WhatsApp than it has for any other acquisition thus far. Questionnaires were sent to EU brands and telecom providers with questions such as, “Explain what kind of negative impact (the deal could have for you), ” “do you expect WhatsApp user to face great difficulties switching to another consumer communications service/app?”, “Do you expect it will be more difficult for WhatsApp competitors to expand their user base or to launch a new consumer communications service/app?”

The deal has been approve by U.S. regulators, but might face some opposition in Europe.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...