Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the CMA's Phase 1 decision on Alphabet's investment by Dec 19, 2024?
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Extended to Phase 2 • 25%
Official announcement from the UK Competition and Markets Authority (CMA)
UK CMA Probes Alphabet's $2.3B Investment in Anthropic After Amazon's Similar Deal Cleared
Oct 24, 2024, 02:26 PM
Britain's Competition and Markets Authority (CMA) has launched a formal investigation into Alphabet Inc.'s partnership with artificial intelligence startup Anthropic. The regulator is scrutinizing Google's planned $2.3 billion investment in Anthropic over concerns that the deal could restrict competition in the burgeoning AI sector. The CMA has set a December 19 deadline for its Phase 1 decision. The partnership includes Anthropic using Google Cloud services as part of its operations. This investigation follows the CMA's clearance of a similar investment by Amazon in Anthropic, highlighting increased regulatory focus on major tech companies' investments in AI startups. The CMA has been examining the relationship since July, and the probe raises questions about the potential impact on the tech landscape and future AI collaborations.
View original story
No harm to competition • 25%
Minor harm to competition • 25%
Moderate harm to competition • 25%
Significant harm to competition • 25%
No action taken • 25%
Partnership modified • 25%
Partnership terminated • 25%
Penalties imposed • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Extended to Phase 2 • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Investigation extended • 25%
Yes • 50%
No • 50%
Publicly supportive • 25%
Publicly opposed • 25%
No public comment • 25%
Mixed reactions • 25%
Yes • 50%
No • 50%
Approved without conditions • 25%
Approved with conditions • 25%
Blocked • 25%
Withdrawn by Alphabet • 25%
Yes • 50%
No • 50%
No penalties • 25%
Fines imposed • 25%
Restrictions on partnership • 25%
Other penalties • 25%
Yes • 50%
No • 50%
Increase by 10% or more • 25%
Decrease • 25%
No change • 25%
Increase by less than 10% • 25%