Facebook’s Kustomer buy could face EU probe after merger referral
▻https://techcrunch.com/2021/04/06/facebooks-kustomer-buy-could-face-eu-probe-after-merger-referral/?guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAALQ
The European Union may investigate Facebook’s $1 billion acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules. A spokeswoman for the Commission confirmed it received a request to refer the proposed acquisition from Austria under Article 22 of the EU’s Merger Regulation — a mechanism which allows Member States to flag a proposed transaction that’s not notifiable under national filing thresholds (e.g. because the turnover of one of the (...)
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