OpenAI, Microsoft Tie-Up Facing UK Antitrust Scrutiny
Dec 08, 2023 - bloomberg.com
The UK's Competition and Markets Authority (CMA) is considering investigating the partnership between Microsoft Corp. and OpenAI Inc. This comes after the partnership recently experienced a governance meltdown. The CMA is seeking opinions from interested parties on whether the collaboration between the two firms could lead to competition issues in the UK. Microsoft's pre-market shares fell 0.5% following the announcement.
This news comes less than two months after the watchdog cleared Activision. The potential investigation adds to the growing scrutiny faced by the partnership between Microsoft and OpenAI. The CMA's decision could have significant implications for the future of the partnership and its operations in the UK.
Key takeaways:
Microsoft and OpenAI's partnership is facing scrutiny from the UK antitrust watchdog, the Competition and Markets Authority.
The authority is considering whether to launch a full investigation into the partnership.
The scrutiny comes after the two firms' recent collaboration, which could potentially result in competition issues in the UK.
Following the announcement, pre-market shares in Microsoft fell by 0.5%.
