Loading...
Market
Will Microsoft and Inflection AI reach a settlement with the UK CMA regarding the hiring of former Inflection AI staff by December 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the UK's Competition and Markets Authority (CMA) or press releases from Microsoft/Inflection AI
Story
UK CMA Launches Initial Merger Probe into Microsoft's Hiring of Inflection AI Staff, Deadline Set for September 11
Jul 16, 2024, 02:00 PM
The UK's Competition and Markets Authority (CMA) has launched a formal investigation into Microsoft's hiring of former staff from AI startup Inflection AI. The probe, referred for an initial merger investigation, will examine whether Microsoft's recruitment practices and its partnership with Inflection AI constitute a merger situation. The investigation, which follows concerns about close partnerships between firms in the AI sector, will also consider the potential implications for competition. A deadline has been set for September 11 to determine if an in-depth investigation is warranted. The CMA had previously sought public input on several AI investments, including Microsoft's hiring of senior figures from Inflection AI.
View original story
Similar markets
Yes • 50%
No • 50%
No action taken • 25%
Settlement reached • 25%
Penalties imposed • 25%
Investigation extended • 25%
Yes • 50%
No • 50%
No action taken • 25%
Fines imposed • 25%
Divestment required • 25%
Other sanctions • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Proceed with in-depth investigation • 25%
Close investigation with no further action • 25%
Impose initial penalties • 25%
Request further information • 25%
Proceed with in-depth investigation • 25%
Close the investigation • 25%
Impose preliminary sanctions • 25%
Request more information • 25%
Yes • 50%
No • 50%
