UK regulator rules Facebook must sell Giphy due to antitrust concerns<div class="feat-image">
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<p>Last year, Facebook
announced its plans to acquire the popular GIF service Giphy in a deal valued at around $400 million. While Facebook (now Meta) had said its goal with the Giphy acquisition was to integrate the service deeply with Instagram, regulators have now ordered Facebook to sell Giphy due to antitrust concerns…</p>
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UK regulator rules Facebook must sell Giphy due to antitrust concerns
