It’s the first time regulators have successfully broken up a part of the technology giant since Meta’s economic dominance began drawing antitrust scrutiny from officials around the globe. The final decision on Tuesday by the UK Competition and Markets Authority ends a drawn-out fight with Meta over the deal’s likely impact on rivals’ access to GIFs, as well on as the digital advertising market.
“We are grateful to the GIPHY team during this uncertain time for their business, and wish them every success.” Meta added it would continue exploring acquisitions, despite the defeat. For years, critics have accused the tech industry’s biggest players of seeking out “killer acquisitions” of smaller companies. The acquisitions, they said, could entrench the larger players’ dominance by cutting off potential competition.
Why won't you report the Hunter laptop?
Meta is dumb. Why ur wasting our time? Idk. Who buys imaginary real estate for a made up life? Get the goggles off n come back to Earth. The Sims n gaming can only go so far. U have to wait for movies like 007, and the Matrix. N how long for Hocus pocus 2? Dude