FACEBOOK TO PAY £50.5M FOR BREACHING AN ORDER IMPOSED BY THE UK COMPETITION REGULATOR
Karimi & Associates Law Firm presents according to The Guardian: The UK Competition and Markets Authority (CMA) has fined Facebook £50.5m due to breaching an order issued by the CMA during its investigation into Facebook’s purchase of the gif creation website, Giphy. Earlier this year, an investigation was started by the CMA into Facebook’s $400m (£290m) takeover. The investigation was launched after the regulator recognized several concerns regarding Facebook’s takeover of Giphy, […]
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