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by benja123
1663 days ago
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Honestly I don’t think this will end well for the regulator. I am not a lawyer, but I am guessing that if Facebook blocks giphy usage in the UK there is very little the UK regulator can do to them. I see that as the likeliest scenario as they won’t want to sell giphy. This will only make the regulator look foolish. The average person won’t understand why Facebook owning giphy is a problem (it’s not a social network) but they will be annoyed when they lose access to giphy in slack, WhatsApp and other platforms that use it in. |
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From the regulator “ Facebook’s acquisition of Giphy would reduce competition between social media platforms and that the deal has already removed Giphy as a potential challenger in the display advertising market”
So the finding is Facebook has too much control in the market. Blocking giphy just shows how much control they would have if the acquisition is completed. If anything, blocking giphy makes it worse.
Will this pan out well for the regulator? Who knows, who cares. But it shows if your business gets a bad reputation like Meta has, you’ll find regulators starting to kick you about.