REPORT: FTC To OK Facebook-WhatsApp Deal

WhatsApp650The New York Post is reporting that the Federal Trade Commission will approve Facebook’s $19 billion acquisition of cross-platform messaging company WhatsApp, which was originally announced in February.

Sources close to the situation told the Post the FTC’s 30-day deadline to review the transaction is approaching, adding that the commission also has the option of extending its review.

The Electronic Privacy Information Center and the Center for Digital Democracy filed a complaint with the FTC last month, alleging that the privacy of current WhatsApp users will be affected by Facebook’s use of their information.

The two privacy groups also filed a rebuttal with the FTC later that month to a blog post by WhatsApp Co-Founder and CEO Jan Koum defending the merger.

Readers: Should the FTC approve the deal?

Related Stories
Mediabistro Course

Social Media Metrics

Social Media MetricsStarting September 4, work with a social media manager to monitor, measure and optimize your social media efforts! Danielle Brigida will teach you how to sift through web analytics, Facebook Insights, and Twitter mentions to develop a comprehensive reporting and tracking system for your brand. Register now!