An expert article co-authored by Partner Stephen Dnes has appeared in the Competition Law Journal: “If the Competition and Markets Authority were an emoji: merger clearance lessons from Meta/Giphy.”
The article reviews the decision by the UK CMA to block Facebook / Giphy, the decision by by-then Meta to challenge this in the Competition Appeal Tribunal, and the implications of the CAT judgment in the context of developing merger clearance doctrines.
The article is relevant to those looking at the thorny questions surrounding international merger clearance work in technology markets, especially following Microsoft/Activision, Adobe/Figma and the merger-based intervention into OpenAI.
It is a particular pleasure that the article was co-authored with a graduate of Stephen’s competition law class, Joseph Day.
The article is available via Edward Elgar journals.