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    UK COMPETITION WATCHDOG ORDERS FACEBOOK TO SELL OFF GIPHY

    Dec 03, 2021 2 minutes

    The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images.

    The Competition and Markets Authority said that the deal would let

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