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Meta accepts UK order to sell Giphy after antitrust battle

Meta accepts UK order to sell Giphy after antitrust battle

  • Regulator cited monopoly, loss of a potential competitor in display advertising if acquisition goes ahead
By Reuters ·
The CMA said on Friday that Meta had failed to comply with certain aspects of its requirements. (AFP)

Facebook-owner Meta says it will pay new $2 million UK fine

By AFP ·
Facebook had refused to report all the required information, despite multiple warnings, the CAM said. (File/Twitter)

Britain fines Facebook $70 mln for breaching order in Giphy deal

By Reuters ·
Facebook bought Giphy, a website for making and sharing animated images, or GIFs, last year to integrate it with its photo-sharing app. (File/AFP)

Facebook questions British watchdog’s authority to order Giphy sale

By Reuters ·
Facebook terminated Giphy’s paid advertising partnerships after the deal. (File/AFP)

UK watchdog: Facebook’s ownership of Giphy hurts competition

By Reuters ·
Facebook’s Giphy deal draws UK competition watchdog’s attention

Facebook’s Giphy deal draws UK competition watchdog’s attention

By Reuters ·

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