The Asian Age

EU REG­U­LA­TORS TO DE­CIDE ON FB, WHAT­SAPP DEAL BY OC­TO­BER 3

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Brussels: Euro­pean Union an­titrust reg­u­la­tors will

de­cide by Oct. 3 whether to clear world No. 1 on­line so­cial net­work Face­book’s $ 19 bil­lion of­fer

for mo­bile mes­sag­ing startup What­sApp, the Euro­pean Com­mis­sion said on Mon­day. Face­book re­quested EU ap­proval last week, the Com­mis­sion’s web­site showed. The EU com­pe­ti­tion watch­dog can ei­ther clear the deal un­con­di­tion­ally, de­mand con

ces­sions or ex­tend the pre­lim­i­nary re­view into a wider probe. Face­book ex­pects to close the deal, its largest in its 10- year his­tory, this year. US reg­u­la­tors cleared the takeover in April, telling What­sApp to stick to its cur­rent pri­vacy prac­tices after the merger, in­clud­ing not to use users’ per­sonal data for tar­geted ads.

— Reuters

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