Facebook Fights U.K. Merger Regulator Over Giphy Acquisition
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Facebook Inc. became the latest tech giant to complain about the overreach of the U.K.’s merger watchdog, warning that its demands were unreasonable and disproportionate.
The social network has appealed to the U.K.’s antitrust tribunal, saying that the Competition and Markets Authority, which is considering investigating Facebook’s purchase of Giphy, has so far refused to ease up on requirements ensuring that the two companies remain separate during the merger probe. The complaint was made public in a filing Friday.