CMA expected to block Meta acquisition of Giphy

Meta’s acquisition of online gif generator platform Giphy is expected to be blocked by the UK’s competition watchdog, the Competition and Markets Authority (CMA).
// Meta’s acquisition of online gif generator platform Giphy is expected to be blocked by the UK’s competition watchdog, the Competition and Markets Authority (CMA).
// The expected obstruction would be the first time the CMA has put a stop to a deal put forward by a Big Tech.

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