Facebook's Giphy Deal Getting a Once-Over by UK Regulators
Facebook's (NASDAQ: FB) acquisition of Giphy, the platform that lets you animate pictures, is being reviewed by the UK's Competition and Markets Authority.
In a press release, the CMA said it's investigating whether the acquisition will lessen competition in the country. The CMA is inviting public comments on the transaction until July 3.
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Source Fool.com
