Facebook ordered to sell Giphy – TechCrunch

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Facebook ordered to sell Giphy – TechCrunch
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Facebook ordered to sell Giphy – TechCrunch

In a significant push against big tech’s ability to maintain market dominance through sheer buying power, the UK’s competition watchdog has ordered Facebook (now Meta) to reverse its acquisition of animated GIF platform, Giphy — confirming the Financial Times‘ earlier report…

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