UK's CMA Investigates Google-Parent Alphabet's Partnership with AI Startup Anthropic on July 30, 2024

Jul 30, 2024, 12:14 PM

The UK's Competition and Markets Authority (CMA) has launched an investigation into Google-parent Alphabet's partnership with AI startup Anthropic. The probe, announced on July 30, 2024, aims to assess whether the collaboration between the two companies, which includes significant investments by Alphabet, could potentially harm competition in the burgeoning AI market. The CMA is gathering information from market players to determine if the partnership qualifies as a merger and if it poses any antitrust concerns. This early-stage investigation reflects the CMA's ongoing efforts to scrutinize major tech companies' activities and their impact on market dynamics.