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Britain’s competition regulator orders Meta to sell Giphy

10/18/2022
Less than a minute

2022.10.18 08:20



© Reuters. FILE PHOTO: A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier

LONDON (Reuters) – Britain’s competition regulator ordered Facebook-owner Meta to sell animated images platform Giphy on Tuesday after its view that the acquisition reduced innovation in the advertising market was upheld by a tribunal in July.



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