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Chronicles

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UK Competition and Markets Authority, the country's antitrust watchdog, launches an investigation into Facebook's acquisition of Giphy

Facebook wants to be the go-to platform for all of your social needs, but a big move it made last month to take ownership in the world of GIFs …

TechCrunch Ingrid Lunden

Discussion

  • @shonaghosh Shona Ghosh on x
    The UK's competition authority is worried about competition in GIFs. https://www.gov.uk/...
  • @newmanmlex Matthew Newman on x
    .@CMAgovUK is investigating Facebook's acquisition of video-sharing search engine Giphy. Freeze order on the deal. Potential issues with access to rival messaging services' #data on users' searches. https://www.gov.uk/... @Facebook @GIPHY
  • @hadas_gold Hadas Gold on x
    Just in: UK competition authority has launched an investigation into the Facebook/Giphy deal, comes shortly after Australia did the same https://www.gov.uk/...
  • @stevekopack Steve Kopack on x
    The U.K. competition authority says it is investigating Facebook's takeover deal for Giphy. Facebook has been served with an initial enforcement order that puts a pause on integrating Giphy's business with Facebook's business https://www.gov.uk/...
  • @cmagovuk @cmagovuk on x
    We've imposed an initial enforcement order on Facebook and Giphy which requires the companies to operate independently whilst we investigate. We're now asking third parties to comment to assist us with our assessment. Find out more: https://ow.ly/... https://twitter.com/...