UK’s CMA says Facebook will face an in-depth review of its $400M purchase of GIPHY after the company failed to address antitrust concerns (Jonathan Browning/Bloomberg)

UK’s CMA says Fb will face an in-depth overview of its $400M buy of GIPHY after the corporate failed to deal with antitrust issues — – CMA says second-phase investigation will run to Sept. 15 — Authority has cited issues the deal could harm rival platforms