Mergers & Acquisitions Mergers & Acquisitions

Facebook alleges CMA withheld information in UK review of Giphy deal

By Andrew Boyce
  • 11 Oct 2021 11:36
  • 12 Oct 2021 07:09
Facebook's fight with the UK merger regulator over its plan to buy Giphy has dramatically escalated, after the social network accused the Competition and Markets Authority of withholding "critical information."

It alleges that this amounted to a “fundamental flaw” in the CMA’s investigation as it meant the regulator couldn't get feedback

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