The European Union fined the facebook company $122 million or 110 million euros for providing false information. Facebook was fined in 2014 for providing a “misleading” statement for the Whatsapp a mobile messaging service. Facebook executives had told Europe’s commissioner that they would not combine their companies data with that of the Whatsapp.
“Today’s decision sends a clear signal to companies that they must comply with all aspects of E.U. merger rules,” Ms. Vestager Europe’s Commissioner.