https://www.bbc.com/news/technology-53024932
Facebook's Giphy deal investigated by competition authority
June 12, 2020
Facebook's takeover of Giphy, a search engine for funny reaction images, is being investigated by the UK's competition authority.
Giphy's vast library of looping short video animations is hugely popular in Facebook's apps.
But it also provides animations to competitors like TikTok, Snapchat and Twitter.
Now, the UK Competition and Markets Authority (CMA) is investigating whether the purchase is a problem.
[Click link above for the rest of the story]