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CMA: Meta/Giphy divestiture antitrust case

Regulator

Competition and Markets Authority

acted against

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 entries
DecisionOct 18, 2022 · 4.1y agoCMA: Meta/Giphy divestitureSource
FilingJun 11, 2020 · 6.4y agoCase openedSource
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Caption and links

Facebook, Inc (now Meta Platforms, Inc) / Giphy, Inc merger inquiry

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