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Microsoft Dodges UK Competition Crackdown Over OpenAI Deal, Watchdog Director Says Partnership Doesn't Get 'A Clean Bill Of Health'
Wednesday, March 5, 2025 - 10:43pm | 477On Wednesday, the U.K.'s Competition and Markets Authority ruled that Microsoft Corporation's (NASDAQ:MSFT) $13 billion investment in OpenAI does not warrant a formal merger investigation. What Happened: The CMA announced that Microsoft's investment in OpenAI does not constitute a merger, as there...
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Microsoft, Amazon Web Services Could Face Cloud Services Investigation From UK Regulators
Tuesday, January 28, 2025 - 3:20pm | 602Microsoft Corp (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) Web Services could come under scrutiny from U.K. regulators after an independent investigation found a lack of competition in the cloud-services market. What To Know: The U.K. Competition and Markets Authority (CMA) announced Tuesday ...
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Microsoft Avoids UK Antitrust Investigation Into Acquisition Of 'Certain Assets' From Inflection AI
Wednesday, September 4, 2024 - 10:09pm | 661Satya Nadella-led Microsoft Corp. (NASDAQ:MSFT) has managed to avoid a comprehensive U.K. probe into its recruitment of staff from startup Inflection AI. What Happened: On Wednesday, the Competition and Markets Authority or CMA said that while Microsoft’s acquisition of “certain assets...
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Amazon's $4B AI Partnership With Anthropic Under UK Investigation For Anti-Competitive Concerns
Thursday, August 8, 2024 - 10:14am | 592A UK regulator is investigating a partnership between Amazon.com Inc (NASDAQ:AMZN) and Anthropic, a company it invested in back in September 2023. Here's a look at what's involved in the investigation and the timeline of events. What Happened: The Competition and Markets Authority, which is a...
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Microsoft's $13B Investment In OpenAI Comes Under Scrutiny Of European Competition Regulator
Tuesday, January 9, 2024 - 1:12pm | 730Microsoft Corp‘s (NYSE:MSFT) multi-billion dollar investment in artificial intelligence (AI) developer OpenAI is coming under further scrutiny after the European Commission (EC), the EU’s competition authority, said it was “checking” the relationship between the two...
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AI At Crossroads As US, UK Leaders Tackle Tech Monopolies, Ethical Dilemmas
Monday, September 18, 2023 - 11:49am | 458Government officials in London and Washington are each advancing regulatory measures concerning artificial intelligence (AI), acknowledging its societal implications. U.K. Sets Principles: The UK's Competition and Markets Authority (CMA) is outlining principles to deter a few tech corporations...
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Microsoft, UK's Competition And Markets Authority Seek Extension For $69B Activision Deal
Monday, July 17, 2023 - 2:03pm | 529In a bid to overcome opposition to its proposed $69 billion acquisition of video game maker Activision Blizzard Inc (NASDAQ: ATVI), Microsoft Corp (NASDAQ: MSFT) and the U.K.'s Competition and Markets Authority (CMA) have jointly sought additional time from London's Competition Appeal...
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Microsoft, Activision Blizzard Agree To Pause UK Appeal, Explore Solutions For $69B Deal Concerns
Tuesday, July 11, 2023 - 3:26pm | 467Moments after a U.S. court ruling allowing the merger to proceed, the U.K.'s Competition and Markets Authority (CMA) reached an agreement with Microsoft Corp. (NASDAQ: MSFT) and Activision Blizzard Inc. (NASDAQ: ATVI) to temporarily suspend their ongoing London appeal over the $69 billion...
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UK's CMA On The European Commission Approval Of Microsoft And Activision Deal: 'We Stand By Our Decision'
Tuesday, May 16, 2023 - 12:25pm | 442The U.K. Competition & Markets Authority (CMA) issued a strong response to the European Commission's approval of the $68.7 billion proposed merger between Microsoft Corp. (NASDAQ: MSFT) and Activision Blizzard Inc. (NASDAQ: ATVI). In a statement released on Twitter, the CMA...
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Activision Blizzard Acquisition Blocked By UK Regulator, Microsoft Says It Will Appeal: Gaming Experts Weigh In
Wednesday, April 26, 2023 - 2:55pm | 1522The U.K.'s Competition and Markets Authority (CMA) announced it is blocking Microsoft Corp.'s (NASDAQ: MSFT) $68.7 billion proposed acquisition of Activision Blizzard Inc. (NASDAQ: ATVI). The British regulatory body cited concerns the deal would have a negative impact on the...
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Facebook Removes 16K Accounts For Fake Review Trading After UK CMA's Second Intervention: Report
Friday, April 9, 2021 - 11:40am | 355Facebook Inc (NASDAQ: FB) suspended 16,000 accounts for transacting fake reviews of products and services on its platforms, as U.K.’s Competition and Markets Authority’s (CMA) second intervention, Reuters reports. CMA’s follow-up probe revealed the...
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UK CMA's Approves Uber's Acquisition Of Autocab: Reuters
Monday, March 29, 2021 - 2:09pm | 271Britain’s competition watchdog offered cleared Uber Technologies Inc’s (NYSE: UBER) acquisition of U.K. tech firm Autocab after certifying the deal’s immunity from anticompetitive practices in the country’s taxi booking and dispatch software market, ...
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Pfizer Fined $106 Million For Anti-Epilepsy Drug
Wednesday, December 7, 2016 - 8:56am | 326Shares of Pfizer Inc. (NYSE: PFE) were little changed after the company said it will appeal a $106 million fine by the United Kingdom's competition regulator, the Competition and Markets Authority (CMA). According to The Wall Street Journal, Pfizer was slapped with a £84.2 million...