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EU Merger Regulation

EU charges Facebook with misleading information during WhatsApp takeover

LONDON: The European Union antitrust regulators have charged Facebook Inc (FB.O) with providing misleading information during its takeover of WhatsApp, opening the company to a possible fine of 1 per cent of its turnover. The statement of objections sent to Facebook will not have an impact on the approval of the $22 billion merger in 2014, the European Commission said in a statement on Tuesday. The issue regards a WhatsApp privacy policy change in August in which it said it would share some users' phone numbers with…