The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that Microsoft Corporation’s partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2022,” the regulator said in a Friday (May 17) update. The …
During a speech in Washington DC, CMA CEO Sarah Cardell highlighted the challenges arising from the growing dominance of a few major Big Tech companies and their potential to manipulate the market to their advantage. In a recent Update Paper on foundational AI models, Cardell expressed serious reservations about the sector’s progress. Speaking at the …
Microsoft’s deal to buy Activision is reportedly expected to face a UK probe after Microsoft failed to offer remedies to assuage competition concerns. The Competition and Markets Authority (CMA) had said earlier this month that takeover of the video game publisher Activision Blizzard by the American tech giant could hurt the competition in gaming consoles, …
Microsoft has made significant progress in its bid to acquire Activision Blizzard, as a US judge approved the $69 billion deal and a British regulator signaled a possible reconsideration of its opposition. The news has sent Activision shares soaring by 10%, marking this as Microsoft’s largest deal to date and the biggest transaction in the …
In a surprising move, Britain has blocked Microsoft’s planned acquisition of Activision Blizzard, citing concerns in the nascent cloud market. Microsoft has been working to address these concerns raised by the Competition and Markets Authority (CMA), which has been taking a proactive stance against “Big Tech” since Brexit. While Microsoft plans to appeal the ruling, …