Facebook fights British watchdog to retain GIF-maker Giphy
Facebook has made a case for not selling Giphy in a strongly worded response to Britain's competition regulator, a document showed on Wednesday, and questioned if the watchdog could order the U.S. company to divest the GIF-maker.
Facebook argued that "the inability of the CMA (UK's Competition and Markets Authority) to issue any order against Giphy raises serious questions as to the enforceability of any divestment order and whether any such order could be effective," according to the letter published https://assets.publishing.service.gov.uk/media/613721658fa8f503ba3dc81d/Facebook_Giphy_-_Response_to_Remedies_Notice.pdf by the CMA.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Athletics-Ujah recalled to Britain's relay squad after serving doping ban
EU, Britain and Spain to hold more talks on post-Brexit status of Gibraltar
EU, Britain and Spain say significant progress made in talks on post-Brexit status of Gibraltar
Britain summons Iran's chargé d'affaires over Israel attack
Earthquake of magnitude 6.2 strikes New Britain Region, Papua New Guinea -GFZ