The CMA’s FB/GIPHY Decision
In May 2020, Facebook (now Meta) acquired the gif library GIPHY. The UK’s competition authority (the CMA) started investigating the merger and finally, in November 2021, ordered Facebook to sell GIPHY again. In this episode, we examine the CMA’s merger control assessment and the more interventionist approach to digital markets it exemplifies (Recorded 27 January 2022)
