UK regulator greenlights Microsoft's Inflection acquihire, but also designates it a merger
MSFTMicrosoft(MSFT) TechCrunch·2024-09-04 19:55

Good news for Microsoft: The U.K.’s antitrust regulator says that the tech titan’s high-profile acquihire of the team behind AI startup Inflection doesn’t cause competition concerns, and thus it won’t be pursuing a full-scale investigation. However, the Competition and Markets Authority (CMA) says that the deal does fall under its regulatory purview as a “relevant merger situation,” meaning similar deals in the future may still be investigated on competition grounds — even if a full acquisition has not take ...