If the Competition and Markets Authority were an emoji: merger clearance lessons from Meta/Giphy
Stephen Dnes Partner, Dnes & Felver PLLC, London, UK and New York, USA. Associate Professor of Law, Northeastern University London, UK

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https://orcid.org/0000-0002-7581-942X
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Joseph Day LLB (Hons), Northeastern University London, UK

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https://orcid.org/0009-0001-9687-9595
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Merger clearance law relating to large technology companies is increasingly debated. This article considers some of the pertinent analysis from the recent decision of the Competition and Markets Authority to require Meta, which owns Facebook, to divest Giphy despite no such challenge arising in the United States. This engages issues of comity, of jurisdiction and of economic evidence, which are analysed and evaluated in the context of prior UK merger review cases.

Contributor Notes

Disclosure: Dnes advises merging parties and complainants on merger clearance matters, but was not active in the Meta/Giphy matter. Dnes has also been engaged as an expert consultant in relation to the DMCC proposals on behalf of a think tank, the Legatum Institute.

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