Nov
30
British Competition Authority Rules Meta Must Sell Giphy
Posted in: UncategorizedMeta Platforms, previously Facebook, has been ordered to sell digital platform Giphy by the British competition watchdog which has ruled that the $400 million merger “has resulted or would result in a substantial lessening of competition.” The Competition and Markets Authority (CMA) has said that the merger that was announced in May 2020 is anticompetitive…
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