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> The regulator said Meta would be able to increase its “already significant market power” by cutting off the supply of gifs to rivals, or demand more user data
by aaronharnly 4y ago
> The regulator said Meta would be able to increase its “already significant market power” by cutting off the supply of gifs to rivals, or demand more user data from them in order to keep using Giphy.
I’m imagining a future in which Meta cuts off the winter supply of GIFs to the European Union, setting the populace into a restive period of incoherent communication.
Perhaps the EU, UK, and US should establish strategic (inter)national GIF reserves?
- rswail 4y agoWhen the NAFO have defeated the orcs in the current conflict, they will need a new enemy.
- dingaling 4y agoSurely this is a market issue. Give it sufficient time and someone will work out how to wrap a derivative around GIFs.
- fknorangesite 4y agoI'm gonna orchestrate a gif pump and dump via /r/memeeconomy. I bet I could make almost $256.
- 2Gkashmiri 4y agogive me my $69 please
- celim307 4y agoNfts?
- Bayart 4y agoWould transcoding GIFs to VP9 and repackaging them into WEBMs be enough to eschew sanctions ?
- blululu 4y agoNo, Giphy, GifyCat, Tenor and pretty much every other gif distribution service has already done something like this from the get go. The GIF is just not well suited for large scale distribution when html supports <video> elements that support non-garbage file formats. I would assume the current ruling is meant to cover 'gifs' as a broad term for looping short form video.
- spookie 4y agoGIF ain't garbage. It's still king for certain types of images, a format from the 80's.
- bombcar 4y agoThis is all the EUs fault. They were warned multiple times that they need to get home grown GIF supplies, instead of importing all their GIFs from the US or Russia. And now that the pipeline for dashcam videos is gone, what do they have? Nothing but a few PNGs that they sadly try to animate in a poor imitation of a GIF. (sarcasm gif goes here)
- aliqot 4y ago> that they need to get home grown GIF supplies, instead of importing all their GIFs from the US As an Amish idk how to feel about this.
- JKCalhoun 4y agoExcuse me, I feel compelled to point out that it's FIG in France.
- ch4s3 4y agoThe phrase "cutting off the supply of gifs to rivals" may be one of the dumbest things I've ever read in my life. I honestly can't believe someone wrote that in a legal opinion. To me this smacks of our leaders, broadly, in the West being too old and too far removed from how people operate and live in the world today. This is like Lindsey Graham, who was once on the senate technology committee, admitting that he had never sent an email in 2015. Truly mind boggling.
- Karunamon 4y agoThis kind of barely surface level understanding by clueless bureaucrats (remember "a series of tubes"?) is generally what you sign up for when you ask for regulation in technology. It is the reason I am usually skeptical of such calls for legislation, because the end result could be worse than what we started with.
- ch4s3 4y agoI'm inclined to agree. This reminds me of the anti-piracy legislation.
- LocalH 4y ago> The phrase "cutting off the supply of gifs to rivals" may be one of the dumbest things I've ever read in my life. I honestly can't believe someone wrote that in a legal opinion. I would very much doubt that was the actual wording, that's most likely a paraphrasing by the author of this article. The final report is not released yet, but according to the summary pdf linked from https://www.gov.uk/cma-cases/facebook-inc-giphy-inc-merger-inquiry https://www.gov.uk/cma-cases/facebook-inc-giphy-inc-merger-i... the phrasing is likely to be closer to "On this basis, we consider that Facebook would also have an incentive to foreclose its rivals from access to GIPHY."
- ch4s3 4y ago> On this basis, we consider that Facebook would also have an incentive to foreclose its rivals from access to GIPHY. That seems like a slightly more intelligent wording of the same bad argument to me. There’s no real limit on the supply of gifs on the internet, and they aren’t really in particularly high demand. In fact they’re already falling out of fashion with younger users. You’ll be hard pressed to find many people under 25 using them at all.
- deleted 4y ago[deleted]