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Acquisitions WhatsApp

Goodwin

Google is an Illegal Monopoly, Federal Court Rules

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Following a nine-week bench trial starting in September 2023 and closing arguments in May 2024, District of Columbia district court judge Amit Mehta ruled on August 5, 2024, that Google illegally maintained its monopoly in...more

Wilson Sonsini Goodrich & Rosati

FTC Defeats Facebook Motion to Dismiss Amended Complaint

The FTC's case against Facebook will be allowed to proceed now that the district court has held its Amended Complaint plausibly alleged violations of Section 2 of the Sherman Act related to Facebook's acquisition of Instagram...more

Skadden, Arps, Slate, Meagher & Flom LLP

Facebook Rulings Are a Setback for Antitrust Regulators but May Spur Amendments

On June 28, 2021, Judge James E. Boasberg of the U.S. District Court for the District of Columbia granted Facebook’s motions to dismiss two parallel antitrust complaints filed by the Federal Trade Commission (FTC) and a group...more

Womble Bond Dickinson

Resolving TikTok’s Data Issues Country by Country

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India’s Reliance Industries is considering acquiring TikTok’s business in India from ByteDance. We recently discussed the growing distrust by companies and countries of TikTok because of the perceived vulnerability of user...more

Proskauer Rose LLP

Regulation Round Up - May 2017

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2 May - The FCA published its Policy Statement on the FCA's disclosure rules following application of PRIIPs Regulation (PS17/6). The Policy Statement sets out how the FCA's disclosure requirements will change to reflect...more

Dechert LLP

€110 million fine for Facebook by the European Commission for providing misleading information during WhatsApp merger review

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The European Commission (“Commission”) announced on May 18, 2017, that it was fining Facebook €110 million for providing misleading or incorrect information during the review of the social network’s acquisition of WhatsApp in...more

McGuireWoods LLP

Facebook Sentenced to a €110 Million Fine at the Intersection of Competition Law and Data Protection Law

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On May 18, 2017, the EU Commission sentenced Facebook to a “proportionate and deterrent” fine of €110 million for providing misleading information during the investigation of Facebook’s acquisition of WhatsApp. This decision...more

Hogan Lovells

EU Merger Control Procedural & Jurisdictional Aspects: Reply To The European Commission Consultation

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We welcome the opportunity to provide comments to the European Commission in its evaluation of procedural and jurisdictional aspects of EU merger control. A NEW JURISDICTIONAL THRESHOLD - We respond here to section...more

Mintz - Privacy & Cybersecurity Viewpoints

Privacy Tuesday – May 20, 2014 – Lessons Learned from Facebook

Promises to Keep: Lessons Learned from Facebook’s Recent Acquisitions of WhatsApp and Moves - Mergers are never simple, but the acquisition of consumer products and technology requires the purchasing entity to consider...more

Blank Rome LLP

FTC Letter is a Reminder for All M&A Deals

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On April 10, 2014, Jessica Rich, Director of the FTC’s Bureau of Consumer Protection, wrote a letter to both Facebook, Inc. and WhatsApp Inc. warning the companies that the FTC expects both companies to honor the privacy...more

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