OFT Green-lights Facebook Instagram Grab

The Telegraph , Tuesday, August 14, 2012 1:57 PM
  • Comment
  • Recommend
Subscribe to Online Media Daily Europe

 It is the first time the OFT has ever made a ruling about a social network business and brings the social network one step closer to completing its acquisition of Instagram. The OFT had to decide whether the acquisition would be anti-competitive and lead to a “substantial lessening of competition in the UK”. There was the concern that Facebook’s purchasing of Instagram could restrict people from uploading photos from the popular app to sites other than the huge social network, such as Twitter.

Read the whole story at The Telegraph »

Be the first to comment on "OFT Green-lights Facebook Instagram Grab "

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent Online Media Daily Europe Articles

>> Online Media Daily Europe Archives