UK competition regulator orders Facebook to sell Giphy

Tuesday 30 November 2021 | 13:20 CET | News
The UK Competition & Markets Authority (CMA) has ordered Facebook to sell Giphy, after concluding the takeover of the publisher of shared online images would harm social media users and advertisers in the UK.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Internet / Mobile & Wireless
Companies: Facebook / Giphy
Countries: United Kingdom / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Facebook parent Meta facing GBP 2.3 billion class action lawsuit in UK

Published 14 Jan 2022 10:24 CET | United Kingdom
Meta is facing a GBP 2.3 billion class action lawsuit in the UK which claims that 44 million Facebook users were exploited ...

US federal court agrees to hear revised FTC antitrust case against Facebook

Published 12 Jan 2022 08:42 CET | United States
A US federal court has agreed to hear the Federal Trade Commission's refiled antitrust case against Facebook, the Washington Post ...

Facebook en misbruik van marktmacht

Published 30 Dec 2021 13:38 CET | World
Het mededingingsrecht is soms lastig in stelling te brengen tegen de grote internetplatforms. Zij groeien hoofdzakelijk autonoom ...

UK, US plan joint Privacy Enhancing Technology prize challenges

Published 09 Dec 2021 10:24 CET | United Kingdom
The UK and US plan to collaborate on bilateral innovation prize challenges to promote the development of privacy-enhancing ...

WhatsApp adds more options to delete messages

Published 07 Dec 2021 15:27 CET | World
WhatsApp said it started to provide users with more options to control their messages and how long they stick around, with ...

Facebook fined GBP 50 mln by UK competition regulator over Giphy investigation

Published 20 Oct 2021 12:39 CET | United Kingdom
Facebook has been fined GBP 50 million by the UK Competition and Markets Authority for failure to cooperate with the regulator's ...

UK's CMA finds Facebook takeover of Giphy harms competition

Published 12 Aug 2021 16:43 CET | United Kingdom
The UK Competition & Markets Authority (CMA) has provisionally concluded that the acquisition of Giphy by Facebook raises serious ...

UK begins in-depth probe into Facebook's Giphy buy

Published 02 Apr 2021 09:40 CET | United Kingdom
The UK Competition and Markets Authority (CMA) has decided to refer last year's acquisition of Giphy by Facebook for an in-depth ...

FTC seeks sale of WhatsApp, Instagram in Facebook monopoly case

Published 10 Dec 2020 08:42 CET | United States
The US Federal Trade Commission along with 48 states and territories of the US have filed lawsuits against Facebook, accusing the ...

CMA opens investigation into Facebook acquisition of Giphy

Published 15 Jun 2020 10:31 CET | United Kingdom
The UK Competition and Markets Authority (CMA) has opened an investigation into the acquisition of Giphy by Facebook, inviting ...

Facebook buys Giphy platform of shareable images

Published 15 May 2020 20:04 CET | World
Facebook has agreed to buy the US-based Giphy platform of shareable images. The company didn't say what was the acquisition's ...