[morelish]

What? How will blocking giphy in the UK help?

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.