As readers of this blog know, the UK’s Competition and Markets Authority (“CMA”) blocked its first Big Tech merger in the Meta/Giphy case. Meta duly appealed to the UK’s Competition Appeal Tribunal (“CAT”) and the CAT’s judgment was issued last week. The most discussed element of the case has been the CMA’s controversial theories of … Continue reading Meta/Giphy court judgment: The CMA’s controversial merger analysis survives, but its procedures don’t →