European Commission allows Facebook to acquire Whatsapp

Last week we heard Facebook will get the approval of the European Commission for the Whatsapp deal and today this has been officially confirmed. The Commission gave the green light for the $19 billion dollar acquisition of the Whatsapp messaging service after US regulators gave it a thumbs up, too. The European Commission reasoned that Facebook’s Messenger platform and…

Facebook will get unconditional approval from EU on WhatsApp purchase, sources say

Many months ago in February, Facebook made some big news when it announced plans to acquire successful messaging company WhatsApp for a mind-melting $19 billion. But the deal still has to be approved by regulatory agencies across the world, including the EU’s competition authority. That apparently shouldn’t concern Facebook, as the EU is rumored to give it…