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Wireless

Brazil antitrust lifts suspension of WhatsApp payments service

Tuesday 30 June 2020 | 17:34 CET | News
Brazil's Administrative Council for Economic Defense (Cade) revoked a precautionary measure that suspended the partnership between Facebook and Cielo to enable payments over WhatsApp. The competition regulator said the companies had provided information to alleviate its initial concerns over exclusivity or restrictions that could strengthen a dominant position. It is still considering whether or not the companies should have notified it of the operation. 

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Categories: Mobile & Wireless
Companies: Facebook / WhatsApp
Countries: Brazil
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