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Facebook 'considering options' after losing UK court challenge to Giphy freeze-order dispute

By Victoria Ibitoye ( November 13, 2020, 16:40 GMT | Insight) -- Facebook said today it's considering its options after losing a court challenge over the UK antitrust regulator’s refusal to grant exemptions from a freeze order issued over its completed Giphy acquisition. The Competition Appeal Tribunal today dismissed all three of the tech giant’s grounds of appeal, and said it was “most unsatisfactory” that Facebook had “not sought to engage" with the Competition and Markets Authority. Facebook said today it's considering its options after losing a court challenge over the UK antitrust regulator’s refusal to grant exemptions from a freeze order issued over its completed Giphy acquisition....

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