Instagram owner faces unprecedented obstacle

FT: UK Competition and Markets Authority will block Meta's deal with Giphy

Competition and Markets Authority, CMA) may block the acquisition of the online platform Giphy for Meta (formerly Facebook), writes the Financial Times (FT), citing sources. The deal is estimated at $ 315 million, and the decision, as noted, is unprecedented – previously the supervisor did not interfere with the deals of tech giants.

Comments

comments

Leave a Reply