\n\t\tBiden vows abortion legislation as top priority next year\t<\/a>
\n<\/aside>\n<\/div>\nThe watchdog’s original in-depth investigation found that Facebook’s purchase of Giphy would hurt social media users and advertisers by stifling competition for animated images.<\/p>\n
After reviewing its decision, the watchdog concluded Tuesday that the deal would boost traffic to Meta-owned sites, while denying or limiting access for online platforms to Giphy GIFs. It also found that the deal would remove potential competition from the U.K.\u2019s 7 billion pound ($7.9 billion) display advertising market, half of which Facebook controls.<\/p>\n","protected":false},"excerpt":{"rendered":"
LONDON (AP) \u2014 Facebook parent Meta said Tuesday that it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation. Britain\u2019s competition watchdog had ordered Meta last year to reverse the deal \u2014 a year […]<\/p>\n","protected":false},"author":2,"featured_media":7421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[56],"tags":[],"class_list":["post-7422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_featured_media_url":"https:\/\/teachbytes.com\/wp-content\/uploads\/2022\/10\/facebook.jpg","_links":{"self":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts\/7422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/comments?post=7422"}],"version-history":[{"count":1,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts\/7422\/revisions"}],"predecessor-version":[{"id":7423,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/posts\/7422\/revisions\/7423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/media\/7421"}],"wp:attachment":[{"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/media?parent=7422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/categories?post=7422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teachbytes.com\/wp-json\/wp\/v2\/tags?post=7422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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