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Facebook Giphy Acquisition Unwind Ordered by UK CMA

Published: December 10, 2021

UK’s Competition and Markets Authority CMA has ordered the company formerly known as Facebook to unwind its acquisition of Giphy, Inc. due to potential harms in the markets for social media and digital display advertising.

Source: natlawreview.com

Related Topics:

United KingdomGiphy IncMarkets AuthorityFinal ReportPaid AlignmentUnited KingdomOmpetition Markets Authority CmaAcebook Acquisition Of GiphyAdvertising MarketsSocial MediaDigital Display Ads