Why Was Facebook's Acquisition of WhatsApp for $21.8B Approved?
The acquisition got the green light because it didn't significantly reduce competition in the messaging space. WhatsApp and Facebook Messenger were seen as complementary services.
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Two words: global reach. It expanded Facebook's presence worldwide, especially in markets where WhatsApp was more popular than Facebook Messenger.
Regulators probably felt that the benefits of improved technology and innovation outweighed any potential risks to competition. Plus, Facebook promised to maintain WhatsApp's end-to-end encryption!
Honestly, 21.8 billion is cheap for world domination. Just kidding, but WhatsApp's user base and growth potential made it a strategic gem for Facebook.
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