FACEBOOK-GIPHY ACQUISITION FACES PROBE FROM UNITED KINGDOM’S COMPETITION WATCHDOG

Highlights:

• The competition watchdog of the United Kingdom has launched an investigation in Facebook’s acquisition of the GIF website Giphy
• The competition watchdog of the United Kingdom has launched the investigation at a time when the company is under global regulatory scrutiny

On Thursday, the competition watchdog of the United Kingdom has launched its initial investigati....