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Facebook’s acquisition of giphy questioned by several authorities

Facebook’s acquisition of giphy questioned by several authorities
Karl Karl 22 June, 2020
FacebookFacebook, GIPHYJenThorpe The UK’s Competition and Markets Authority (CMA) is investigating Facebook’s acquisition of GIPHY. The CMA is considering whether that transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002. If so, then the merger may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods and services. As you may recall, GIPHY was acquired by Fa...
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