UK tribunal quashes Meta-Giphy deal block, regulator to reconsider ruling

UK tribunal quashes Meta-Giphy deal block, regulator to reconsider ruling

The Competition Appeals Tribunal said it had quashed the CMA’s ruling and referred the matter back for a new decision The Competition Appeals Tribunal said it had quashed the CMA’s ruling and referred the matter back for a new decision Britain’s competition regulator said on Monday it would carry out another review of Facebook owner […]

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UK tribunal backs most of ruling against Meta’s Giphy deal

UK tribunal backs most of ruling against Meta’s Giphy deal

Britain’s Competition and Markets Authority last year ordered Meta to sell Giphy Britain’s Competition and Markets Authority last year ordered Meta to sell Giphy Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country’s Competition Appeal Tribunal (CAT) endorsed the regulator’s finding that the deal […]

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