British regulator breached international law by blocking Giphy buyout, Meta tells judges

clock • 3 min read
CMA breached international law by blocking Giphy buyout, Meta tells judges
Image:

CMA breached international law by blocking Giphy buyout, Meta tells judges

CMA's decision to prohibit Meta's purchase of Giphy is a 'global concern,' it claims

Facebook-owner Meta told the Competition Appeal Tribunal (CAT) judges on Tuesday that UK's Competition and Markets Authority (CMA) violated international law when it blocked the company's purchase ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Lock-in secrets of the hyperscalers, according to Civo

Cloud Computing

All cloud providers are not equal when it comes to winning contracts, according to Mark Boost, CEO of UK cloud provider Civo.

clock 16 February 2024 • 3 min read
WhatsApp to support cross-platform messaging

Social Networking

Impending EU regulations are driving WhatsApp towards interoperability

clock 09 February 2024 • 2 min read
Tech giants make big revenue waves: Meta and Amazon reach new highs while Apple faces setback

Finance and Reporting

Meta's market capitalisation skyrocketed to $1.16 trillion

clock 05 February 2024 • 3 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Mergers and Acquisitions

Cisco-Splunk deal: Europe sets March deadline for antitrust decision

Cisco-Splunk deal: Europe sets March deadline for antitrust decision

The regulator is currently scrutinising whether the acquisition might negatively impact competition

clock 12 February 2024 • 3 min read
HPE to buy Juniper Networks for $14bn

HPE to buy Juniper Networks for $14bn

Juniper's stock jumped 22% on the news

Gina Narcisi
clock 09 January 2024 • 2 min read
SonicWall snaps up zero-trust firm Banyan

SonicWall snaps up zero-trust firm Banyan

Second acquisition for SonicWall in two months

Kyle Alspach
clock 03 January 2024 • 1 min read