Austria: Austrian Federal Competition Authority investigation into Facebook/Giphy merger
Progress
Scope
Timeline of events
Austrian Supreme Cartel Court confirms Cartel Court’s conditional merger clearance
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 …
SourceFederal Competition Authority appeals against clearing of Meta (Facebook)/Giphy merger
On 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 …
SourceAustrian Cartel Court approves Facebook/Giphy merger
On 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…
SourceAustrian Federal Competition Authority opens phase 2 merger inquiry regarding Facebook's acquisition of Giphy
On 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…
SourceAustrian Federal Competition Authority launches phase 1 merger inquiry regarding Facebook's acquisition of Giphy
On 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