UK authorities compel Meta to cease sale of Giphy.

Competition Appeal Tribunal Orders Review of Decision to Force Meta to Sell Giphy

The UK’s Competition Appeal Tribunal has recently ordered a review of the decision to force Meta to sell Giphy. Meta’s acquisition of Giphy for $315 million has come under scrutiny by the Competition and Markets Authority (CMA). The Competition Appeal Tribunal found flaws in the CMA’s investigation process, leading to the decision to review the case.

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