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Content type: Press release
30th November 2021
Today, following an in-depth investigation, the UK Competition and Market Authority (CMA) assessed that the competition concerns can only be addressed by Facebook selling Giphy in its entirety. This is a very significant decision. Facebook, the largest provider of social media sites and display advertising in the UK, acquired Giphy, the largest provider of GIFs. The merger would further increase Facebook’s dominance and Facebook would have benefitted from Giphy’s data collection practices and…
Content type: News & Analysis
15th January 2021
In the US, the Federal Trade Commission and various states attorneys general have opened investigations against alleged anti-competitive practices of Facebook and Google, while demands for stronger regulation both in anti-trust and privacy laws are growing. The EU has unveiled its twin proposed legislation, the Digital Services Act and the Digital Markets Act, aimed at increasing the responsibilities of big platforms and seeking to address the power imbalance they have over other businesses and…