UK’s CMA says it has provisionally found that Facebook’s Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs (Naman Ramachandran/Variety)

Naman Ramachandran / Variety:
UK’s CMA says it has provisionally found that Facebook’s Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs  —  The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.’s Competition and Markets Authority (CMA).