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UKs antitrust watchdog takes a better have a look at Facebook-Giphy

Potential threats to the unfastened movement of GIFs continue to trouble the U.Ok.’s competition watchdog. Facebook’s $400 million purchase of Giphy, presented ultimate year, is now going via an in-depth probe by means of the CMA after the regulator came upon the purchase raises competition concerns related to dig…
Potential threats to the free flow of GIFs continue to trouble the U.K.’s competition watchdog. Facebook’s $400 million purchase of Giphy, announced last year, is now facing an in-depth probe by the CMA after the regulator found the acquisition raises competition concerns related to dig…

Original article
Original article
Author: Natasha Lomas

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Natasha Lomas has recently written 11 articles on similar topics including :
  1. "A German court thats considering Facebooks appeal against a pioneering pro-privacy order by the countrys competition authority to stop combining user data without consent has said it will refer questions to Europes top court". (March 24, 2021)
  2. "Facebooks self-regulatory Oversight Board (FOB) has delivered its first batch of decisions on contested content moderation decisions almost two months after picking its first cases". (January 28, 2021)
  3. "The European Union may investigate Facebooks $1BN acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules". (April 6, 2021)
  4. "Big tech has responded to the mammoth antitrust report put out by the U.S. House Judiciary Committee yesterday with blanket denials theres any monopolistic behaviour or competitive imbalances to see here. Below is a quick run down of Amazon, Apple, Facebook and Googles rebuttals". (October 7, 2020)
  5. "Googles plan to end support for third-party cookies in the Chrome browser and its Chromium engine is under investigation by the U.K.s Competition and Markets Authority (CMA)". (January 8, 2021)
  6. "Austrias Supreme Court has dismissed Facebooks appeal in a long running speech takedown case ruling it must remove references to defamatory comments made about a local politician worldwide for as long as the injunction lasts". (November 12, 2020)
  7. "Round of applause for the Bureau of Investigative Journalism which fought for two years to obtain details of a closed door meeting between Facebooks Mark Zuckerberg and the UK secretary of state in charge of digital issues at the time, Matt Hancock (now health secretary)". (December 8, 2020)
  8. "The UKs competition regulator will make a decision on whether or not Facebooks purchase of Giphy has a realistic prospect of substantially lessening competition by March 25, it said today, as it continues to scrutinize the acquisition". (January 28, 2021)
  9. "A coalition of 135 startups and tech companies with services in verticals including travel, accommodation and jobs have written to the European Commission to urge antitrust action against Google warning that swift enforcement is needed or some of their businesses may not survive". (November 12, 2020)
  10. "The Bundeskartellamt, Germanys very active competition authority, isnt letting the grass grow under new powers it gained this year to tackle Big Tech: The Federal Cartel Office (FCO) has just announced a third proceeding against Google". (June 4, 2021)
  11. "Following the landmark CJEU Schrems II ruling in July, which invalidated the four-year-old EU-US Privacy Shield, European data protection regulators have today published 38-pages of guidancefor businesses stuck trying to navigate the uncertainty around how to (legally) transfer perso". (November 11, 2020)
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