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United Kingdom: Facebook (Meta) ordered to sell Giphy

Policy overview

Description

Facebook (Meta) ordered to sell Giphy

The Competition and Markets Authority (CMA) concludes that the acquisition of Giphy by Facebook would reduce competition between social media platforms. Therefore, the solution is Facebook selling Giphy to an approved buyer. In particular, the CMA n…

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2021-01-28
under deliberation

On 28 January 2021, the Competition and Markets Authority (CMA) announced the launch of an inquiry …

2021-08-12
in consultation

On 12 August 2021, the Competition and Markets Authority (CMA) announced provisional findings of th…

2021-08-25
processing consultation

The CMA closed the consultation to its notice of possible remedies on 25 August 2021 after having c…

2021-09-02
processing consultation

The CMA closed the consultation to its provisional findings on 2 September 2021 after closing the c…

2021-10-20
in force

On 20 October 2021, the Competition and Markets Authority (CMA) fined Facebook for non-compliance w…

2021-11-30
in force

The Competition and Markets Authority (CMA) concludes that the acquisition of Giphy by Facebook wou…

2021-12-23
under appeal

On 23 December 2021, Meta Platforms, Inc (previously Facebook, Inc) appealed the CMA's imposition t…

2022-02-04
in force

On 4 February 2022, the Competition and Markets Authority (CMA) announced that it has fined Meta Pl…

2022-06-14
under investigation

On 14 June 2022, the Competition Appeal Tribunal has issued its judgments in the Meta Platforms, In…

2022-07-15
under investigation

On 15 July 2022, the Competition Appeal Tribunal (CAT) issued a remittal order sending back to the …

2022-07-18
in consultation

On 18 July 2022, the Competition and Markets Authority (CMA) issued a notice of its provisional fin…

2022-07-29
processing consultation

On 29 July 2022, the Competition and Markets Authority (CMA) has closed the consultation on the pro…

2022-10-18
in force

On 18 October 2022, the Competition and Markets Authority (CMA) issued its final decision to conclu…

2022-12-01
in consultation

On 1 December 2022, the Competition and Markets Authority (CMA) opened a public consultation on its…

2022-12-30
processing consultation

On 30 December 2022, the public consultation on the Competition and Markets Authority (CMA) Final O…

2023-01-06
in force

On 6 January 2023, the UK Competition and Markets Authority (CMA) issued its final order in the Fac…

2023-06-30
concluded

On 30 June 2023, the UK Competition and Markets Authority (CMA) closed its investigation into the F…