UK Regulator Orders Meta to Sell Giphy
The UK’s competition regulator has decided that Meta’s (NASDAQ: FB), formerly known as Facebook, acquisition of Giphy should be undone, as the deal may hurt competitors. According to the Competition and Markets Authority (CMA), Meta’s domination over the search engine for GIFs has already eliminated a potential rival in the advertising market. [stock_market_widget type=”inline-label” template=”basic9″ …