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Facebook has been told to pay £139,667 in legal costs to the UK markets watchdog after losing a court battle over its acquisition of the image firm Giphy. The social media giant was ordered to pay the sum by the recorder, Hodge Malek, following a tense legal row with the Competition and Markets Authority. The CMA won out against Facebook s bid to overturn an order imposed by the watchdog in June. Battle: Facebook was ordered to pay the sum by the recorder, Hodge Malek, following a tense legal row with the Competition and Markets Authority The edict demanded Facebook freeze a string of business activities while officials investigate its $400million (£300million) takeover of Giphy. The investigation will determine whether the deal could do irreversible damage to any of Giphy s rivals. ....