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Comment: Giphy’s failure fears unlikely to sway UK merger regulator to allow Meta's buyout

By Victoria Ibitoye ( September 7, 2022, 14:00 GMT | Comment) -- Giphy is showing ambition with its last-ditch attempt to persuade the UK’s competition watchdog to allow its acquisition by Meta Platforms by highlighting threats to its business if the deal is blocked — but it is unlikely to sway the regulator. The test for meeting a failing firm defense in the UK is strict and rarely met.Giphy is showing ambition with its last-ditch attempt to persuade the UK’s competition watchdog to allow its acquisition by Meta Platforms by highlighting threats to its business if the deal is blocked — but it is unlikely to sway the regulator....

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