3 ms·
Threating to pull out of the UK would have no effect for this matter. The CMA are basically saying that FB are breaking competition laws, so need to sell. They
by Teandw 5y ago
Threating to pull out of the UK would have no effect for this matter. The CMA are basically saying that FB are breaking competition laws, so need to sell.
They wouldn't able to say "Well, you're breaking the law but because you're threating to leave, we will let you get away with it."
- londons_explore 5y agoBut they can say "If you did leave, we could no longer ask you to sell". Giphy isn't big enough for that, but if for example the CMA requested that of Instagram, then it could be a good business decision to just leave the UK.