Should Meta have been forced to sell Giphy?

Last week, Meta lost its appeal to overturn the Competition and Market Authority’s order that it sell Giphy. While the CMA’s order that Meta’s acquisition of Giphy damaged competition has been retained, it has raised debates over how much power should be afforded to the regulator.

To discuss this, Victoria Hewson, IEA Head of Regulatory Affairs, is joined by a panel of competition law experts. The panel includes Aurelien Portuese, Director of the Schumpeter Project at the Information Technology and Innovation Foundation, Iain Murray, Vice President of the Competitive Enterprise Institute and Cento Veljanovski, Managing Director at Case Associates and IEA Academic Fellow.

Aurelien contributed to the IEA’s ‘Meaning of Competition in the Digital Age’ paper, which can be read for free here: