Re:U.K. regulators order Meta to sell Giphy
by TheRealDunkirk on Tuesday November 30, 2021 @09:52AM
(#29392716)
> The acquisition was announced 18 months ago and the regulators have only just announced that there's a problem. That's about how long it takes to make a decision like this.
It's about as long as it takes to figure out that Facebook didn't grease enough palms in order to let this pass muster, and won't be shelling out any more, so they're going to make it public, in the hopes it will spur Facebook to reconsider.
This is as predictable as the dance a company does when they have to fire an executive for shameful behavior, and the resulting PR to-do list dealing with the press and investors.
It's about as long as it takes to figure out that Facebook didn't grease enough palms in order to let this pass muster, and won't be shelling out any more, so they're going to make it public, in the hopes it will spur Facebook to reconsider.
This is as predictable as the dance a company does when they have to fire an executive for shameful behavior, and the resulting PR to-do list dealing with the press and investors.