Friday, 24 March, 2023

Meta Gets Final Order To Sell Giphy

<p>Meta has been given the final order to sell its animated GIF platform, Giphy. The decision followed a &#39;stay of execution&#39; for Meta recently, after the U.K.&#39;s Competition Appeal Tribunal sent back the case to the antitrust regulator to be reassessed following a procedural finding that the Competition and Markets Authority hasn&#39;t given full disclosure to Meta representatives of documents related to its decision. The tech giant is facing antitrust scrutiny among markets.</p>