Meta’s Giphy play tests the UK antitrust regulator’s mettle; and the Archegos scandal’s legacy

06 May 2022 00:00

Duration: 22:27

There’s a lot riding on Meta’s recent attempt to overturn a decision by the UK’s competition watchdog to block the tech giant’s acquisition of Giphy, an online database of gifs — visual aids popular in social-media postings. It’s significant because it’s the Competition and Markets Authority’s first ever prohibition of a Big Tech deal; the case in the Competition Appeal Tribunal could also illustrate how a completed global deal may be affected by the recalcitrance of one, significant jurisdiction. Also on today’s podcast: How the regulatory reverberations of the Archegos scandal in the US are raising concerns among activist shareholders.

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Editorial Team