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Meta said it was disappointed by today's ruling from Britain's competition watchdog to sell Giphy

UK competition watchdog orders Meta to sell Giphy

Britain's competition regulator has today ordered Facebook-owner Meta to sell animated-images platform Giphy after its view that the acquisition reduced innovation in the advertising market was upheld by a tribunal in the summer.

Business • 18 Oct 22

The CAT said the Competition and Markets Authority had "failed properly to consult" and had "wrongly excised portions from its decision"

Meta wins appeal against block of Giphy deal

Meta Platforms won its appeal today against Britain blocking its 2020 acquisition of GIFs supplier Giphy on one ground, the country's Competition Appeal Tribunal (CAT) ruled.

Business • 14 Jun 22

Meta had bought animated images platform Giphy for a reported $400m in May

Facebook-owner Meta says it will pay new £1.5m UK fine

Britain's competition regulator said today it had fined Facebook-owner Meta £1.5m over fresh issues regarding its purchase of Giphy, a sanction that the US firm said it would accept.

Business • 04 Feb 22

Facebook woner Meta had lodged an application for review on December 23, challenging the ruling on six grounds

Facebook owner Meta seeks to appeal UK ruling on Giphy

Facebook owner Meta has applied to be able to appeal a ruling by a British competition watchdog that it must sell popular animated images platform Giphy.

Business • 05 Jan 22

Britain's Competition and Markets Authority (CMA) ordered Meta to sell Giphy, which it acquired for a reported $400 million in May 2020

Facebook appeals UK ruling that it must sell Giphy

Facebook-owner Meta is appealing Britain's ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat to its rivals or could impact competition in display advertising.

Business • 23 Dec 21

Facebook bought Giphy, a website for making and sharing animated images, or GIFs, in May last year

UK regulator tells Facebook to sell Giphy

Britain's competition regulator has told Facebook owner Meta Platforms to sell animated images platform Giphy after finding that the acquisition could harm social media users and UK advertisers.

Business • 30 Nov 21

Facebook may have to sell GIF-maker Giphy

Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said its investigation found the deal between the two companies would hurt the display advertising market.

Business • 12 Aug 21

Giphy will be integrated into Facebook's Instagram social network

Facebook acquires Giphy for reported $400m

Facebook says it had acquired the animated graphics startup GIPHY and would integrate the company in its Instagram visual social network.

Business • 15 May 20

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