A UK judge quashes the CMA's order that Meta must sell Giphy and refers the case back to the agency; CMA says it aims to complete the review within three months
Meta Platforms Inc.'s purchase of GIF search engine Giphy will be sent back to the UK antitrust regulator for a further review …
The UK's CMA fines Meta £1.5M during its Giphy probe for breaching its merger investigation rules by failing to inform the CMA of three “key” US staff leaving
Meta Inc. was fined 1.5 million pounds ($2 million) from the U.K.'s competition regulator for breaching …
UK's CMA fines Facebook £50.5M for breaching an order imposed during its ongoing Giphy acquisition investigation, saying Facebook refused to report information
Social media giant Facebook has been fined £50.5 million ($69.1 million) for breaching an order imposed … Source: GOV.UK .
Sources: before its acquisition by Facebook, Giphy paid investors a dividend, reducing its value and ensuring antitrust officials did not need to be notified
- Mergers that raise competition concerns are going unreported — Findings complicate Biden plan to boost antitrust enforcement Tweets: @bdsams , @saraforden , and @kajrozga Tweets: Brad Sams / @bds...
UK's CMA says it has provisionally found that Facebook's Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs
The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.'s Competition and Markets Authority (CMA).
UK's CMA says it has provisionally found that Facebook's Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs
The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.'s Competition and Markets Authority (CMA).
UK's CMA launches a formal investigation into Facebook's $400M Giphy acquisition over competition in the supply of video clips and animated images
Sources: FTC's antitrust probe of Facebook will probably roll into next year when there may be a new president as FTC looks into its acquisition of Giphy
Cecilia Kang / New York Times : Tweets: @tofdaj , @catschocolates , and @nytimestech Tweets: @tofdaj : Giphy acquisition getting a thorough look by regulator. Less about this case and more CYA by FTC...