"UK and FTC Investigate Microsoft's OpenAI Deal Amid Antitrust Concerns"

1 min read
Source: Cointelegraph
"UK and FTC Investigate Microsoft's OpenAI Deal Amid Antitrust Concerns"
Photo: Cointelegraph
TL;DR Summary

The UK's antitrust regulator, the Competition and Markets Authority (CMA), is considering launching a merger investigation into Microsoft's collaboration with OpenAI. The investigation will determine whether the collaboration constitutes an "acquisition of control" and if it has resulted in a relevant merger situation that could impact competition. Microsoft has clarified that it only holds a non-voting observer role on OpenAI's board, with no voting rights. This is the second time this year that the CMA has examined Microsoft's operations, and the company has expressed its willingness to cooperate with the investigation.

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