Official DOJ announcements or press releases

DOJ and FTC to Investigate Microsoft, OpenAI, and Nvidia for Antitrust Concerns

Jun 6, 2024, 04:47 AM

Federal regulators have reached an agreement allowing them to proceed with antitrust investigations into Microsoft, OpenAI, and Nvidia. The U.S. Justice Department (DOJ) will lead the investigation into Nvidia, while the Federal Trade Commission (FTC) will handle inquiries into Microsoft and OpenAI. This move aims to address concerns about the dominance of these companies in the rapidly evolving artificial intelligence industry. The FTC's focus includes examining Microsoft's $13 billion investment in OpenAI and its deals with other AI firms. The investigations are part of a broader effort to scrutinize potential monopoly choke points and the competitive landscape in AI, as highlighted by Jonathan Kanter. The news was first reported by the New York Times (NYT).