UK regulator opposes Facebook’s acquisition of Giphy

You might not remember, but Facebook announced in early 2020 that it was acquiring the popular GIF platform “Giphy” for about $400 million. However, the acquisition may face some resistance in the UK, as a local regulatory agency believes it can potentially hurt the competition.

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The post UK regulator opposes Facebook’s acquisition of Giphy appeared first on 9to5Mac.


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