Meta has been penalized even again by the UK authority for its involvement in the Giphy merger.

Despite being under investigation for its Giphy transaction, Meta neglected to disclose important changes about its company to the UK Competition and Markets Authority. The UK Competition and Markets Authority (CMA) fined Meta, formerly known as Facebook, for failing to cooperate in an examination into its acquisition of Giphy. The $400 million Meta-Giphy transactions has […]