European and Swedish Antitrust News (December 16, 2021)
The UK CMA has ordered Facebook to sell Giphy as the acquisition completed in May 2020 would have substantial horizontal effects in display advertising and vertical effects in supply of social media services. In other news, the EU Commission has fined Conserve Italia for a cartel and opened a phase-II-investigation of the Recticel-Greiner merger, Advocate General Rantos has set criteria for if an exclusionary practice is abuse, and the SCA has been advised to seek preliminary rulings from ECJ.
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