European Union (EU) antitrust regulators have extended their decision on whether or not to clear Facebook’s purchase of U.S. customer service startup – Kustomer – to January 7, 2022.
A news report by Reuters indicated that a European Commission filing showed on Wednesday the extension of the deadline for a second time was sequel to Facebook’s plea for more time to file its defence.
The EU executive, which acts as the competition enforcer for the 27-country bloc, is investigating the deal on concerns that it may hurt competition and reinforce the U.S. social media company’s power in online advertising.
According to the news report, that could ratchet up the pressure on Facebook to offer concessions to address EU competition worries.
Apart from the EU, the UK competition watchdog is also investigating the acquisition while its German counterpart is checking to see if Facebook should also seek its approval.
