Confirmed: CMA orders Facebook to sell Giphy

clock • 3 min read
It's the opening salvo in global regulators' moves to limit the power of Big Tech
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It's the opening salvo in global regulators' moves to limit the power of Big Tech

The CMA says the deal has already removed Giphy as a potential contender in the display advertising market

The UK's Competition and Markets Authority (CMA) has ordered Facebook (now Meta Platforms) to sell popular animated image platform Giphy, after a probe suggested that the acquisition could harm soc...

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