(Reuters) – Facebook’s deal for popular GIF website Giphy has caught the eye of UK’s competition watchdog, which said on Friday it had begun a probe into the deal for possibly reducing competition in the United Kingdom.
The Competition and Markets Authority (CMA) has invited comments on the transaction from any interested party. (https://bit.ly/2B0CX4s)
(Reporting by Shanima A in Bengaluru; Editing by Maju Samuel)