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UK antitrust authorities may force Facebook to sell Giphylink :
UK antitrust authorities may force Facebook to sell Giphy
UK antitrust authorities may force Facebook to sell Giphy

About a year ago, we were reporting that Facebook was acquiring Giphy for an undisclosed sum, with intentions to integrate it into Instagram. Sources told Axios the deal was closed for $400 million. British authorities announced they were beginning their antitrust investigation a month later.

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