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UK provides Facebook, Giphy 5 days to handle competitors issues

Britain's competitors watchdog on Thursday gave Facebook and Giphy 5 running days to provide proposals to handle its issues over their merger deal, which would possibly impact virtual selling and the supply of animated footage.
Britain's competition watchdog on Thursday gave Facebook and Giphy five working days to offer proposals to address its concerns over their merger deal, which could affect digital advertising and the supply of animated images.

Original article
Original article
Author: Reuters Staff

Reuters Staff has recently written 10 articles on similar topics including :
  1. "Facebook asked a federal court on Wednesday to dismiss major antitrust cases filed by the U.S. Federal Trade Commission and nearly every U.S. state, saying they failed to show the company had a monopoly or harmed consumers". (March 10, 2021)
  2. "Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December and that it had over 35,000 people working on tackling misinformation on its platform". (March 22, 2021)
  3. "Facebook Inc said on Friday it plans to reopen its Menlo Park, California headquarters with 10% occupancy on May 10, if the COVID-19 situation begins to improve". (March 26, 2021)
  4. "Britain's competition regulator is set to begin an antitrust investigation into Facebook Inc in the next few months, after similar actions into Google and Apple early this year, Financial Times reported on Friday". (March 19, 2021)
  5. "RCS Mediagroup has sealed a multi-year deal with Google to offer access to some of its dailies on the U.S. tech giant's Showcase news platform, Corriere della Sera newspaper, owned by the Italian publisher, said on Wednesday". (March 24, 2021)
  6. "Turkey's Competition Board has fined Alphabet Inc's Google more than 296 million lira ($36.65 million) for abusing its dominant position in search engine services, the regulator said on Wednesday". (April 14, 2021)
  7. "Changes to media rules proposed by Australia will allow Facebook Inc to choose if news remains on the platform and support the publishers it chooses, Campbell Brown, the firm's vice-president of global news partnerships said on Tuesday". (February 23, 2021)
  8. "Ireland's Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc, after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public". (April 14, 2021)
  9. "Alphabet Inc's Google will resume accepting political advertisements in the United States from Feb. 24, according to an email to advertisers seen by Reuters". (February 22, 2021)
  10. "Tesla Inc CEO Elon Musk on Thursday said that owning bitcoin was only a little better than holding conventional cash, but that the slight difference made it a better asset to hold". (February 19, 2021)
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