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Will the CMA require Microsoft to divest from Inflection AI by December 31, 2024?
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Resolution / Starting Odds
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Official announcement from the UK's Competition and Markets Authority (CMA)
Story
UK CMA Launches Antitrust Probe into Microsoft’s Hiring of Inflection AI Staff Under Merger Rules
Jul 16, 2024, 12:20 PM
The UK's Competition and Markets Authority (CMA) has launched a formal antitrust probe into Microsoft Corp's hiring of former employees from AI startup Inflection AI. The probe will examine Microsoft's investment in Inflection AI and the associated arrangements between the two companies under merger rules. The CMA has set a deadline of September 11 to decide whether to proceed with a more in-depth investigation. This move comes as part of the UK's broader efforts to scrutinize potential anti-competitive practices in the tech sector.
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