CMA says firm ‘deliberately’ refused to supply information showing it had complied with order to separate businesses
Facebook has been fined £50.5m for breaching an order imposed by the UK competition regulator during its investigation into the purchase of gif creation website Giphy.
The Competition and Markets Authority, which launched an in-depth investigation into Facebook’s $400m (£290m) takeover deal earlier this year, said that the social networking giant “deliberately” refused to supply information proving that it was complying with an initial enforcement order (IEO).
