Facebook fined $70M for compliance breaches in Giphy probe
By 
Neil Hodge2021-10-21T21:02:00
Facebook was fined £50 million (U.S. $69 million) for allegedly breaking U.K. competition rules while the firm is under investigation over its acquisition of Giphy. A separate penalty of £500,000 (U.S. $690,000) was also assessed related to CCO appointments.
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