Meta’s Giphy deal lives to fight another day: competition appeals tribunal blocks forced sale on disclosure grounds

Facebook parent Meta’s been putting up a strong fight appealing the UK antitrust decision investigating and ultimately ordering Meta to sell Giphy, the GIF marketplace that it acquired back in May 2020 for around $315 million; and now it has gotten a small stay of execution: the UK’s Competition Appeal Tribunal has sent the case back to the antitrust regulator, the Competition Markets Authority, to be reassessed, after it found that the CMA didn’t provide full, un-redacted disclosure to Meta representatives of documents related to its decision.
Notably, the appeals tribunal h

リンク元