Technology

Reuters reveals Facebook’s Kustomer deal set to face EU antitrust investigation

Reuters revealed that Facebook’s acquisition of U.S. customer service startup Kustomer is set to trigger a full-scale EU antitrust investigation in August. The world’s largest social network, which announced the deal in November, is looking to the deal to scale up its instant messaging app WhatsApp, whose usage has soared during the COVID-19 pandemic.

Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: EquitiesTechnology
Regions: Europe
Countries: Belgium
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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