Final orderĢ9 March 2022: The CMA is now making the final order. Stuart McIntosh (Chair), Robin Cohen, Margot Daly and Stephen Rose. Phase 2 Administrative timetableģ0 March 2022: The CMA appointed the Remedy Group Remittal updateġ8 July 2022: On 15 July 2022, the Competition Appeal Tribunal ordered the remittal of the CMA’s Phase 2 Decision to the CMA, in respect of the finding of a substantial lessening of competition and the final decision as to remedy. Stuart McIntosh (Chair), Margot Daly, Robin Cohen and Stephen Rose. If you wish to provide written comments on the matters set out in this document please send these to the CMA by Friday 29 July 2022.įollowing the remittal by the Competition Appeal Tribunal, the Remittal Group was appointed on 15 July 2022. Notice of making an interim order and decision to dispense with the requirements of Schedule 10 of the Enterprise Act 2002 (18.7.22)Ĭonduct of the remittal and Notice of provisional findings on remittalġ8 July 2022: The CMA has published its conduct of the remittal document in which it sets out the way in which it intends to conduct the remittal process, particularly with regard to scope of the remittal, information-gathering and consultation.In order to facilitate responses from interested third parties, this information has now been included in the published version of the document and is highlighted in yellow for ease.ġ8 July 2022: The CMA served an interim order under section 81 of the Enterprise Act 2002 on Meta Platforms, Inc. Since the publication of the phase 2 final report, certain information which had previously been identified by a number of stakeholders as confidential is no longer confidential. Following a judgment from the Competition Appeal Tribunal, and its corresponding order, the CMA gave Meta and Giphy the opportunity to comment on the findings after a fully unredacted version was shared with their advisers. CCIA’s supplemental response to the provisional findings (18.8.22)Ģ9 July 2022: On Monday 18 July 2022, the Remittal Group adopted the CMA’s phase 2 report, published on 30 November 2021, as the provisional findings for the remitted case.CCIA’s response to the provisional findings (18.8.22). GIPHY’s standalone response to the provisional findings (18.8.22).Parties’ joint response to the provisional findings (18.8.22).Press notice: CMA orders Meta to sell Giphy (18.10.22).may give rise to competition concerns in both the supply of display advertising in the UK, and in the supply of social media services worldwide (including in the UK). Notice of intention to make an order (PDF, 139KB) (9.11.22)ġ8 October 2022: Following the Competition Appeal Tribunal’s judgment and the case being remitted, the CMA has found the completed acquisition by Facebook, Inc (now Meta Platforms, Inc) of GIPHY, Inc.Directions to appoint a monitoring trusteeĮmail: Notice of intention to make an orderĩ November 2022: The CMA gives notice of intention to make an order and is inviting comments by 5pm on Friday 8 December 2022.
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