How Metas ill-fated Giphy deal helped shed light on the UK regulators merger approach
The decision by the UK Competition and Markets Authority to oppose Meta\u2019s controversial acquisition of gif database Giphy has forced the companies to unwind what had been a completed global deal. While the CMA\u2019s decision was a significant setback for Meta, it did help clarify \u2014 or, in some cases, correct \u2014 problematic aspects of the UK\u2019s merger-control regime.