Loading...
Market
Microsoft stock up 10% post-Mistral AI partnership by Q3 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Stock market data and financial news outlets
Story
Microsoft’s Partnership With Mistral AI Avoids UK Antitrust Probe
May 17, 2024, 12:13 PM
The UK's Competition and Markets Authority (CMA) has determined that Microsoft’s partnership with Mistral AI does not qualify for an investigation under UK merger rules. The CMA concluded that Microsoft cannot materially influence Mistral AI's commercial policy, thereby avoiding an antitrust probe. This decision allows Microsoft to proceed with its collaboration with Mistral AI without regulatory scrutiny. Microsoft's stock saw a 0.4% pre-market increase following the announcement. The CMA also noted that Microsoft's stake in Mistral AI does not constitute a merger.
View original story
Similar markets
Positive reaction, stock up >15% • 25%
Moderate reaction, stock up 5-15% • 25%
Neutral, stock up <5% • 25%
Negative, stock down • 25%
Google • 20%
Microsoft • 20%
Amazon • 20%
Facebook • 20%
IBM • 20%
Increase over 10% • 25%
Increase up to 10% • 25%
Decrease up to 10% • 25%
Decrease over 10% • 25%
Yes • 50%
No • 50%
Tech sector outperforms other sectors • 33%
Tech sector performs on par with other sectors • 33%
Tech sector underperforms compared to other sectors • 34%