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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Facebook Antitrust

A British appeals court ruled against Facebook in its appeal of the U.K. competition watchdog’s investigation into its acquisition of Giphy, a short video-sharing platform. Facebook was “entirely the author of its own misfortune” for refusing to cooperate with the investigation, the court said.

LONDON — A British appeals court ruled against Facebook in its appeal of the U.K. competition watchdog’s investigation into its acquisition of Giphy, a short video-sharing platform. Facebook was “entirely the author of its own misfortune” for refusing to cooperate with the investigation, the court said.

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