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EU officially approves Facebook's purchase of WhatsApp


Posted: 05 Oct 2014
EU officially approves Facebook's purchase of WhatsApp

US regulators may have given Facebook's $19 billion acquisition of WhatsApp the thumbs-up some time ago, but the social network was still waiting for the EU to do the same.

Now, thankfully, approval has been handed down from European Commissioner Joaquin Almunia, who says that, thanks to the presence of healthy rivals like Line, Viber and iMessage, the deal won't hamper competition in the messaging market.

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