Facebook cops $122M fine from EU over WhatsApp acquisition
Found on CNet News on Thursday, 18 May 2017
Facebook told the Commission at the time that there was no way for it to match a user's Facebook account with their WhatsApp account. Last August though, these accounts indeed became linked, and the Commission found that employees at Facebook were aware of this possibility back in 2014, leading to the company being fined 110 million euros, or about $122 million.
Too bad that it's only pocket change for Facebook; the fine needs to be a hard blow for it to work, otherwise those costs will just be added to the next calculation for aquisition and integration.