Facebook Gave Misleading About WhatsApp Takeover: EU

The video discusses the regulatory challenges faced by major tech companies like Facebook, Google, and Apple in Europe. It highlights Facebook's acquisition of WhatsApp and the subsequent regulatory scrutiny over data privacy and misinformation. The EU's actions against these companies, including fines and demands for tax repayments, are explored. The video also touches on the broader implications for the tech industry and the potential for increased US-EU tensions over these regulatory measures.

What was the main issue with Facebook's acquisition of WhatsApp according to the European Commission?

• Misleading regulators about data linking

• Failure to link user data

• Not seeking permission for the acquisition

• Overpricing the acquisition

What is the potential financial consequence for Facebook due to the data linking issue?

• A fine of 10% of yearly revenue

• A fine of 1% of yearly revenue

• A fine of €90,000

• No financial consequence

Which tech giant was ordered to repay €13 billion in taxes to the Irish Government?

• Microsoft

• Apple

• Amazon

• Google

What is a significant power of EU regulators in antitrust cases?

• Banning companies from operating in Europe

• Forcing companies to change business practices

• Seizing company assets

• Imposing fines up to 50% of revenue

What privacy-related issue has Facebook faced in Germany?

• Data breaches

• User data leaks

• Antitrust probe about privacy terms

• Unauthorized data sales

What is a key concern for EU regulators regarding new industries?

• High operational costs

• Lack of innovation

• Treatment of data and privacy

• Slow formation of monopolies

What was the US Treasury's stance on the EU's decision in the Apple tax case?

• Unaware of the EU's decision

• Disagrees with the EU's decision

• Neutral on the matter

• Supportive of the EU's decision