UK drops antitrust probe into Microsoft and OpenAI tie-up

UK drops antitrust probe into Microsoft and OpenAI tie-up


Jaap Arriens | Nurphoto | Getty Images

Britain dropped its probe into Microsoft’s partnership with ChatGPT maker OpenAI on Wednesday, saying the software giant did not have the level of control over the AI company that would warrant further investigation.

The partnership came under antitrust scrutiny in Britain and the U.S. last year following the startup’s boardroom battle that led to the exit and return of CEO Sam Altman.        

Britain’s Competition and Markets Authority (CMA) said although Microsoft did acquire material influence over OpenAI in 2019, it had not since gained de facto control and therefore it did not qualify for review under the UK’s merger control regime.        

A Microsoft spokesperson said the partnership with OpenAI and its continued evolution “promote competition, innovation, and responsible AI development”.        

“We welcome the CMA’s conclusion, after careful and prudent consideration of the commercial realities, to close its investigation,” the spokesperson said.



Source

China extends an olive branch to Western auto giants over rare earth shortage
World

China extends an olive branch to Western auto giants over rare earth shortage

Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images China appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage. […]

Read More
China and U.S. trade officials to hold talks in London
World

China and U.S. trade officials to hold talks in London

TangMan Photography | Getty Images U.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S. China’s […]

Read More
Why the U.S. tax bill’s Section 899 could push European firms to list in the U.S.
World

Why the U.S. tax bill’s Section 899 could push European firms to list in the U.S.

The decision by U.K. fintech firm Wise to move its primary stock listing to the U.S. is the latest in a series of blows to the London market — and a new provision tucked inside a U.S. tax bill could make things even worse. Section 899 of President Donald Trump’s spending bill, which passed the […]

Read More