![]() ![]() It said Facebook "significantly limited the scope of those updates" despite repeated warnings. Just click on Export and make sure to select Download as GIF from the options. The CMA fined Facebook £50.5 million in October for failing to provide regular updates to show that it is complying with an order. When the deal was announced, Facebook said it wanted to further integrate Giphy into the Instagram app "so that people can find just the right way to express themselves." In August, the CMA said it had provisionally found Meta's (still called Facebook at the time) purchase of Giphy would harm competition between social media platforms and remove a potential challenger in the display ad market.Īt the time, the CMA said it may require the company to unwind the deal, which is reportedly worth $400 million, and sell off Giphy if its competition concerns are ultimately confirmed. He added: "The decision also suggests that the CMA will not back down in the face of questions and criticism over jurisdiction and overreach – this is exactly the kind of deal that the CMA feels it should be scrutinizing." #FACEBOOK VIDEO TO GIF MP4#video and we will make an animated gif, webm and mp4 for you. ![]() You can also simply paste any youtube, vimeo, facebook, vine, instagram, etc. Turn vine videos into gifs using our vine to gif tool. regulator's oversight of similar deals going forward," he said in a statement. Turn Facebook videos into gifs using our facebook to gif tool. "This is the first time the CMA has ever blocked a major digital tech deal and indicates the direction of travel for U.K. GIPHY is how you search, share, discover, and create GIFs. ![]() Peter Broadhurst, a partner at law firm Crowell & Moring, hailed the CMA's decision as hugely important. "We are reviewing the decision and considering all options, including appeal." "We disagree with this decision," a Meta spokesperson said Tuesday. ![]()
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