Why Was Facebook’s Acquisition of Whatsapp for $21.8b Approved
In 2014, Facebook surprised many by buying WhatsApp for $21.8 billion, a record in tech. This raised concerns about competition, privacy, and market power. Yet, the U.S. Federal Trade Commission and the European Commission approved the deal. This article will explore Facebook’s reasons, the hurdles, and the impact on the tech world. The Strategic Reasons…
