Facebook parent company Meta has been ordered by the United Kingdom’s competition watchdog to sell a GIF creation website, making it the first time the regulator has struck down a deal from a Silicon ...

The U.K.’s Competition and Markets Authority (CMA) has made a final decision and ordered Meta, which operates Facebook, WhatsApp and Instagram, to sell GIF provider Giphy. Meta will not appeal the ...

(Reuters) -Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said on Thursday its investigation found the deal between the two companies would hurt the ...

The move marks the first time the Competition and Markets Authority has sought to unwind a tech deal. By Associated Press The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of ...

"We are protecting millions of social media users and promoting competition and innovation in digital advertising." By Georg Szalai Global Business Editor Facebook parent Meta must sell GIF-sharing ...

British's competition regulator has ordered Meta, Facebook's parent company, to sell Giphy. Meta completed its purchase of Giphy in May 2020, but authorities began probing the deal soon after.

Update (12PM CET, November 30, 2021): Updated to include the CMA’s decision. Meta, the corporate conqueror formerly known as Facebook, looks set to lose a chunk of its gargantuan empire. The UK’s ...

Aug 12 (Reuters) - Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said on Thursday its investigation found the deal between the two companies would ...

Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said on Thursday its investigation found the deal between the two companies would hurt the display ...