- GIPHY Inc
The ACCC has commenced an investigation of Facebook’s completed acquisition of Giphy Inc.
Potential issues the ACCC will be considering include, without limitation, whether the acquisition:
- provides Facebook with data that will strengthen its market power in any markets
- provides Facebook with data about its social media and online private messaging rivals, that may lead to a substantial lessening of competition
- could lead to foreclosure of Facebook’s social media and online private messaging rivals.
The ACCC invites submissions from interested parties by 9 July 2020. Responses may be emailed to email@example.com with the title: ‘Submission re: Facebook/Giphy- attention Andrew Pattinson/Georgia Zele’.
Following 9 July 2020, queries regarding the ACCC's review may be addressed to Andrew Pattinson/Georgia Zele at firstname.lastname@example.org.
The ACCC will not provide a provisional decision date for its investigation, as generally we do not publish provisional decision dates when investigating completed acquisitions.
|08/06/2020||ACCC commenced investigation.|
|09/07/2020||Closing date for submissions.|
- Andrew Pattinson
- Georgia Zele