110m Euro Fine: Facebook/Mark Zuckerberg to Pay for Deceit

Mainstream web-based social networking stage, Facebook will pay an incredible 110 million Euro fine for double dealing after it was charged by the European Union (EU) antitrust controllers.

European Union (EU) antitrust controllers on Thursday said they would fine Facebook 110 million euros (122.4 million dollars) for giving deceiving data over its buy of informing administration WhatsApp in 2014.

Calling it a “proportionate and obstacle fine,” the European Commission, which goes about as the EU’s opposition guard dog, said Facebook had said it couldn’t naturally coordinate client accounts on its namesake stage and WhatsApp however after two years propelled an administration that did precisely that.
“The Commission has found that, in opposition to Facebook’s announcements in the 2014 merger survey handle, the specialized plausibility of consequently coordinating Facebook and WhatsApp clients’ personalities as of now existed in 2014, and that Facebook staff knew about such a probability,” the Commission said.

The commission included that the fine would not switch the Commission’s choice to clear the buy of WhatsApp and was inconsequential to separate examinations concerning information security issues.

Reuters provided details regarding Wednesday that Facebook was set to be fined.

Leave a Comment

Your email address will not be published. Required fields are marked *