Facebook's $1bn acquisition of Instagram has been given the green light by UK regulators looking into the deal.
Facebook first announced its intention to buy the firm in April, but it was put under scrutiny by the Office of Fair Trading (OFT) over concerns it could restrict the ability for other services to compete with Instagram.
However, on Tuesday it confirmed its intention not to refer the merger to wider authorities, giving Facebook the go ahead for the deal.
"The OFT has decided, on the information currently available to it, not to refer this merger to the Competition Commission under the provisions of the Enterprise Act 2002," the trading standards body said in a statement on its website.
A spokesman for the OFT told V3 that having reviewed the case it was confident there was no risk of consumers being negatively affected by the deal.
"We were looking into whether the merger may result in the merging parties limiting people from using other photo apps on Facebook, or whether it would put limits on the use of Instagram [images] being uploaded to other social networking sites," he said.
"One of the conclusions we came to was that, while the parties may have the technical ability to do that, the evidence we received doesn't suggest the parties would have the incentive to pursue that strategy."
The OFT said it would place a copy of the report into the deal on its website in the near future.
Facebook made the move to acquire Instagram in order to stop the service becoming a rival to its own photo sharing capabilities, which are a core reason many people use the social network.
The decision is good news for Facebook, which has suffered a series of setbacks in recent months after its somewhat disastrous flotation on the stock market which has seen its share price slump to as low as $20. However, the social network is still waiting to see if the Federal Trade Commission (FTC) in the US will give it the green light.
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