2 years ago
Facebook-owner Meta says it will pay new $2 million UK fine
Britain's competition regulator said on Friday it had fined Facebook-owner Meta (FB.O) 1.5 million pounds ($2 million) over fresh issues regarding its purchase of Giphy, a sanction that the U.S. firm said it would accept. Britain's Competition and Markets Authority (CMA) has taken a tough line with major tech groups in recent years, investigating their dominance of markets such as digital advertising and seeking to block the Facebook-Giphy deal.
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https://www.reuters.com
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