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Microsoft faces UK antitrust probe over OpenAI deal structure

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 206 Views

The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying substantial influence of one party over another.

The UK’s antitrust regulator is considering initiating a merger investigation into Microsoft’s multi-billion dollar collaboration with OpenAI.

This announcement resulted in a response from Microsoft, declaring that it only plays a non-voting observer role on the board of the ChatGPT maker.

The investigation announcement follows the ChatGPT maker’s disclosure that the U.S. tech giant would hold a non-voting board seat. The examination will assess whether the collaboration constitutes an “acquisition of control,” implying substantial influence of one party over another, as stated by the Competition and Markets Authority (CMA) on Friday, Dec. 8.

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