Facebook fined £50.5m over handling of Giphy takeover probe - NewsBreak
By Suzana in Business
Updated 2 years ago
The social network said it disagrees with the Competition and Markets Authority's decision, calling it 'unfair'. Facebook has been fined £50.5 million after failing to provide enough important information to the competition regulator investigating the firm's takeover of GIF sharing platform Giphy. The Competition and Markets Authority (CMA) launched a...