EU OKs Facebook’s $19B WhatsApp Acquisition, Clearing The Last Antitrust Hurdle

This just coming in: the EU has approved Facebook’s $19 billion acquisition of WhatsApp — deciding that the two are “not close competitors”. This marks closure for the last big regulatory hurdle that the social network needed to pass before closing the deal. “The European Commission has authorised, under the EU Merger Regulation, the proposed acquisition of…...