In any acquisition an assessment of the regulatory risks has to be part of the process for the vendor. They took a risk in selling to FB and that risk hasn’t paid off. No one is entitled to the ‘best’ price if it involves something which falls foul of competition law.
And on competition - will anyone else be interested in GIFs if the dominant social network owns the market leader?
And on competition - will anyone else be interested in GIFs if the dominant social network owns the market leader?