The U.K.'s Competition and Market Authority said it had concluded its concerns about unfair competition "can only be addressed by Facebook selling Giphy in its entirety to an approved buyer."
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Facebook's parent company, Meta, has been ordered to sell Giphy by the U.K.'s Competition and Markets Authority.
The company, then known simply as Facebook, bought the Gif-sharing search engine last year for a reported $315m (£236m).
It planned to integrate Giphy's vast database of looping short video animations with another of its existing social-media platforms, Instagram.
But the CMA ruled the purchase unfair to competing social-media platforms.
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