CMA: Meta/Giphy divestiture antitrust case
Regulator
Competition and Markets Authority
acted against
After a Competition Appeal Tribunal remittal, the CMA again found Meta's purchase of Giphy harmed competition and required Meta to divest it.
The case
- Regulator
- Competition and Markets Authority
- Opened
- Jun 11, 2020 case opened Source
- Decided
- Oct 18, 2022
- Status
- ClosedMeta sold Giphy to Shutterstock in 2023.
- Outcome
- The CMA ordered Meta to sell Giphy.
History
2 dated entriesRelated cases
Caption and links
Facebook, Inc (now Meta Platforms, Inc) / Giphy, Inc merger inquiry
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