Facebook Secures Conditional EU Approval for Kustomer Acquisition – Report
January 28 2022 - 03:42AM
TipRanks
Meta Platforms' (FB) Facebook has secured conditional European
Union antitrust approval to acquire customer service startup
Kustomer. Reuters reports that the company secured the green light
on agreeing to provide rivals free access to messaging channels
over the next ten years. Meta Platforms is a holding company and
owner of the social networking app Facebook. It also owns other
social networking apps, including Instagram, Messenger, and
WhatsApp. The company has scheduled its upcoming earnings report
for February 02. Kustomer Acquisition Europe’s antitrust agency,
the European Commission, says Facebook's pledge addresses
significant competition concerns.
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