Facebook may have to sell Giphy on UK's competition concerns

By
Follow google news

Watchdog says takeover could 'remove potential challenger'.

Facebook may have to sell Giphy on UK's competition concerns
Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said on Thursday its investigation found the deal between the two companies would harm competition in the display advertising market. Facebook, the world's largest social media company, ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Anthropic signs deal with federal government

Anthropic signs deal with federal government

Microsoft lets one AI model critique the other's responses

Microsoft lets one AI model critique the other's responses

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Australia readies social media court action

Australia readies social media court action

Log In

  |  Forgot your password?