Tommaso Valletti, chief economist at the European Commission's competition directorate, suggests that digital acquisitions – such as Facebook's WhatsApp and Instagram – should be scrutinised "much more strictly" by antitrust authorities .
A professor at Imperial College Business School in London, this Italian, whose three-year term ends in September 2019, provides independent advice to the management and to the Competition Commissioner, Margrethe Vestager, who is very active in the digital sector.
Mr. Valletti speaks in a personal capacity in Le Monde . The position of chief economist was created in 2003 to provide "a second perspective" on complex cases, including litigation, and is supported by a department of around thirty economists.
The economist believes that a break-up of Facebook overseas chinese in canada data could be "difficult to achieve" but "would potentially introduce differentiation between platforms." He is in favor of adopting new regulations, for example to impose "interoperability" between social networks.
You said that Facebook “lied” to the European Commission when it bought WhatsApp in 2014. Should it have refused this acquisition?
I wasn't there at the time... The right expression is to say that Facebook misled the Commission. Its executives said they wouldn't associate your phone number on WhatsApp with your Facebook ID. But they have since connected the two services.
The authorities could have launched a full-blown, Level 2 investigation. In hindsight, that would be the case today. At the time, the green light was given easily, with a Level 1 investigation. As with the acquisition of Instagram in 2012, approved in the United States and the United Kingdom.
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