Facebook (FB)

Facebook Accused of Misleading EU in WhatsApp Takeover Probe

Facebook Inc. risks a multimillion-euro fine for allegedly misleading European Union merger watchdogs when it won approval to buy the WhatsApp messaging service in 2014.

The EU’s antitrust authority said in a statement Tuesday it suspects Facebook supplied "incorrect or misleading information" on linking data with WhatsApp when regulators cleared the tie-up two years ago. Officials said approval for the $22 billion deal isn’t under threat.