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How will Amazon's stock price change one week after the UK CMA's decision on the $4 billion investment in Anthropic?
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Resolution / Starting Odds
Increase by more than 5% • 25%
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Stock market data from financial news sources
Story
UK Launches Merger Inquiry into Amazon's $4 Billion Anthropic Investment
Aug 8, 2024, 11:32 AM
The United Kingdom's Competition and Markets Authority (CMA) has launched a formal merger inquiry into Amazon's $4 billion investment in the artificial intelligence firm Anthropic. The probe aims to scrutinize the nature of Amazon's ties with Anthropic, following concerns about potential antitrust issues. This move comes shortly after a similar inquiry was initiated into Alphabet's partnership with the same AI startup. Amazon has expressed disappointment over the investigation.
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