Facebook fined £50.5m over handling of Giphy takeover probe - NewsBreak

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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...

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