Etiket: Giphy
UK antitrust authorities force Meta to sell Giphy
The Facebook group Meta will sell the clip platform Giphy again after the final decision of British antitrust authorities. After a second examination, the competition authority CMA came to the…
Meta forced to divest subsidiary for the first time: Giphy must be sold
After a long legal battle, Meta, the parent company of Facebook and Instagram, has resigned itself to selling its subsidiary Giphy. In 2020, Meta had bought the platform for ultra-short,…
Social media company Meta must sell website Giphy from British regulator
The American multinational Meta, the parent company of Facebook and Instagram, will then have to sell the GIF website Giphy. This has been decided by the Competition and Markets Authority…
British justice again blocks the takeover of Giphy by Meta
In a judgment delivered on Tuesday, June 14, a UK appeals court upheld an earlier ruling ordering Meta to reverse its acquisition of Giphy. An anti-competitive acquisition according to the…