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Meta selling Giphy after UK regulator fight

Por: New York Daily News Nation October 19, 2022

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Meta, owner of Facebook and Instagram, announced Tuesday it was selling Giphy after U.K. regulators ruled the company’s acquisition limited competition. Meta had been ordered in Nov. 2021 to sell the GIF-sharing website and appealed, but the U.K.’s Competition and Markets Authority rejected Meta’s claims and concluded the company needed to sell to an approved buyer. The ruling marks the first time a global regulator has been able to stop a... + full article



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