PARIS (Reuters) – Facebook’s $22 billion acquisition of WhatsApp, and six years ago, it must have been blocked, and the head of the French anti-trust watchdog, which was set up to help you review in EU law, told Reuters.
FILE PHOTO: the Head of the French competition authority, the Artist, the Silva, speaks during an interview with Reuters in Paris, France, on January 16, 2020. REUTERS/Charles Platiau
“Obviously, deals such as the Facebook/WhatsApp merger would probably not have been allowed,” the Artist, the Silva, said in an interview.
“One of the things that we can see more clearly than we did a few years ago, it is how the ability to collect and exploit information is a major advantage,” she said.
“This will make it possible for players such as Facebook and Google, making the value of it today.”
A spokesman said Facebook had no immediate comment.
With a new European Commission in place, competition authorities in Brussels are preparing for far-reaching reform of the EU competition rules.
With a focus on globalization and digitalization trends that have led to the success of the likes of Facebook, Alphabet, Google, and Amazon.
The President of france Emmanuel Macron’s government has been at the forefront of europe’s efforts to increase control and taxes on the digital platform.
France’s antitrust watchdog, which recently launched a penalty from the search engine, Google’s 150 million-euro ($167 million) for a non-transparent rules are used for advertising and to participate in the regulatory review directed by the commissioner, Margrethe Vestager.
De Silva has also recently launched a dedicated digital unit to the inside of the watchdog, following in the footsteps of the U.S. Federal Trade Commission.
“What makes Facebook successful, today, it is not just the fact that it had bought WhatsApp and Instagram, but also that the aggregation of these user communities as a result of the merger of the three communities, which were previously separate,” she said.
European companies are faced with the growing dominance of AMERICAN and Chinese businesses, social media, online search and e-commerce.
However de Silva said that they do not have to call for a break-up of the nation’s largest technology companies.
Instead, she said, there was a need for a more rigorous check on the great tech companies of the food, from innovative start-ups.
“Being Dominant is not in itself illegal,” Silva said. “I think it’s doubtful that an existing company with a dominant position in the acquisition of all of the companies in the ecosystem, and that no other competitor can arise.”
Reporting by Mathieu Rosemain; editing by Jason Neely