Facebook has been hit with a £50.5 million fine by the Competition and Markets Authority for failing to comply with the regulator's initial enforcement order in relation to the Giphy acquisition.
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Facebook has written a defiant letter back to the UK's CMA saying its concerns over Facebook's Giphy acquisition are totally unfounded. Facebook's defiance could see the issue drag on.
The UK's Competition and Markets Authority has raised concerns about Facebook's acquisition of the GIF platform Giphy. It said the merger deprives the internet of a digital advertiser.
Google has committed to limit how it uses advertising data in order to resolve privacy and competition concerns as it orchestrates its Privacy Sandbox with the UK's Competition and Markets Authority.
The investigation has been launched following rivals' concerns that the Privacy Sandbox project could curb their digital advertising. It will assess whether Google is abusing its dominant position.
Google's purchase of Looker has been approved by UK, US, and Austrian competition bodies. Looker is a business intelligence firm and will join Google Cloud with integration due in the next few months.
The UK's Competition and Markets Authority has announced that Apple formally made binding commitments to be more upfront with customers about the health and performance of their iPhone's battery.
The UK's CMA found that sellers on Amazon and other online marketplaces were working together, fixing prices, and generally acting in a very non-competitive way that hurts buyers.
The CEO of the UK's Competition and Markets Authority says he agrees with the EC's assessment of Three's proposed takeover of O2 UK, saying it should be blocked unless concerns are properly addressed.
After agreeing terms to buy EE last February, BT's acquisition of the UK's largest carrier is now complete, creating a quad-play giant in fixed-line telephony, broadband, mobile and TV services.
BT, the UK's largest provider of fixed-line telephony and broadband, is set to acquire EE, the country's biggest mobile network, after the deal was cleared by the Competition and Markets Authority.