BRUSSELS, March 22 EU antitrust chief Margrethe
Vestager said on Wednesday she was reviewing Facebook's
response to charges the U.S. social network provided misleading
information during its bid for messaging service WhatsApp which
may result in a hefty fine for the company.
The European Commission in December last year said
Facebook's statements during the regulator's scrutiny of the $22
billion deal in 2014 were incorrect when it said that it was
unable reliably to match the two companies' user accounts.
However, this was technically possible at that time, the EU
Competition Commissioner said, giving Facebook until Jan. 31 to
"We have now got the reply from Facebook and we are now
analysing it," Vestager told lawmakers during a European
The company faces a fine of as much as 1 percent of its
global turnover, or about $179 million based on 2015 revenues.
Microsoft was hit with a 561 million euro ($606.44
million)penalty in 2013 for breaking an antitrust promise to
regulators, underlining how serious the Commission views
($1 = 0.9251 euros)
(Reporting by Foo Yun Chee; Editing by Ken Ferris)