UK market regulator authorize Facebook to sell Giphy
Facebook said it wants to integrate Giphy more into the Instagram app “so that people can find just the right way to express themselves
By Ishika Dangayach
Published - Nov 30, 2021, 06:56 PM ET
Last Updated - Feb 12, 2024, 10:30 AM EST
· Meta disagrees with the decision and said it’s considering an appeal
· Facebook said it wants to integrate Giphy more into the Instagram app “so
that people can find just the right way to express themselves”
The United Kingdom's top market regulator has ordered Facebook (which has recently
rebranded itself 'Meta') to sell the social-media animated-images start-up
Giphy after determining that the transaction might hurt social media users and
UK advertisers.
