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MICROSOFT'S OPENAI INVESTMENT COULD TRIGGER EU MERGER REVIEW
AppleMagazine
|January 12, 2024
Microsoft’s multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a European Union merger investigation, the bloc’s executive branch said.
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The European Commission said it’s “checking whether Microsoft’s investment in OpenAI might be reviewable” under regulations covering mergers and acquisitions that would harm competition in the 27-nation EU.
The review could lead to a formal investigation into whether the deal should be unconditionally cleared, allowed with concessions from the companies or blocked. Britain’s antitrust watchdog opened a similar review last month.
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