Meta accepts UK order to sell Giphy after antitrust battleSymbolPriceChange%ChangeMETA$132.91-1.13-0.84Britain’s competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising.Meta said it would accept the Competition and Markets Authority’s (CMA) order to…
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This article was originally published by Foxbusiness.com. Read the original article here.