On 23 June 2022, the Austrian Supreme Cartel Court confirmed the Cartel Court’s ruling approving the Meta (Facebook)/Giphy merger. The ruling was the result of an appeal by the Austrian Federal Competition Authority (AFCA) against the ruling of the …
SourceOn 3 March 2022, the Austrian Federal Competition Authority filed an appeal against the Cartel Court’s decision to approve the Meta (Facebook)/Giphy merger, citing “procedural shortcomings”. The merger was approved by the Cartel Court on 7 February …
SourceOn 7 February 2022, the Austrian Cartel Court approved the Meta (Facebook)/Giphy merger based on several conditions. According to the court decision, Meta, previously Facebook, will have to provide non-discriminatory access to Giphy’s products and l…
SourceOn 17 August 2021, the Austrian Federal Competition Authority (AFCA) opened a phase 2 investigation into the acquisition of Giphy by Facebook and the lack of notification thereof. The acquisition itself took place in May 2020 and the AFCA was not no…
SourceOn 29 March 2021, the Austrian Federal Competition Authority (AFCA) launched an investigation into the acquisition of Giphy by Facebook and the lack of notification thereof. The acquisition itself took place in May 2020 and the AFCA was not notified…
Source