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Report: Microsoft-OpenAI ownership might get conditional OK from EU regulators: European Commission regulators are officially noncommittal on the antitrust action, but a Reuters report indicates Microsoft-OpenAI deals are unlikely to trigger review.
- Source :
-
Computerworld (Online Only) . 4/18/2024, p1-1. 1p. - Publication Year :
- 2024
-
Abstract
- Microsoft's $13 billion investment in OpenAI is unlikely to trigger antitrust restrictions in the European Union (EU), according to a report by Reuters. The European Commission (EC) spokesperson stated that for a transaction to be considered a merger and subject to EC notification, it must represent a lasting change in control of the affected company. The EC has not yet determined if Microsoft's investments in OpenAI constitute a change of control. UK and US antitrust regulators are also in the preliminary stages of approving the deal. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 00104841
- Database :
- Academic Search Index
- Journal :
- Computerworld (Online Only)
- Publication Type :
- Periodical
- Accession number :
- 176887380