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Facebook Owner Meta-Giphy Deal Block Quashed by UK Tribunal, Asks Regulator to Reconsider Filing

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Facebook Owner Meta-Giphy Deal Block Quashed by UK Tribunal, Asks Regulator to Reconsider Filing

Britain’s competition regulator said on Monday it would carry out another review of Facebook owner Meta’s acquisition of Giphy after a tribunal quashed its original decision to block it. Recently, the US tech giant partially won an appeal against the regulator.

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