About: mergers

David Cantor
Digital & Media 05-09-2014

WhatsApp in Brussels

A new EU political leadership must confront the rapid domination of online markets by increasingly monopolistic, global Internet champions which are preempting European and other potential competitors. Incoming Commission President Juncker’s recent calls for modernizing EU competition policy, and an aggressive industrial strategy geared to bolstering Europe’s position in global digital markets, suggest Brussels is likely to weigh a Facebook/WhatsApp merger carefully. There may be a question whether EU competition rules can accommodate this deal at all, argues David Cantor.