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The EU plans to grill Microsoft rivals about the $13 billion it's throwing into OpenAI [Fortune]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
poised to quiz rivals about the AI firm's exclusive use of Microsoft's cloud technology. Margrethe Vestager, the bloc's antitrust chief, announced Friday that the EU has ruled out an investigation under the EU's merger rules into the deal. Instead, she announced that regulators are asking Microsoft's rivals about the US company's exclusivity clauses with OpenAI, and whether they might have a negative effect on competition. Bloomberg reported the news earlier. As well as the focus on Microsoft, the EU will also circulate questions to the market on Google's arrangement with Samsung Electronics Co. to pre-install its small model “Gemini nano” on certain devices. Vestager added in a speech that regulators are examining attempts by Big Tech to buy firms by way of mass hires. The EU preliminary step comes after the US Federal Trade Commission launched investigations into Microsoft's hiring of Inflection staff. “We will make sure these practices don't slip through our merger contro
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