ABBO News

Eu Antitrust Regulators Calls for Further Details on Microsoft Google Ai Deals

EU Antitrust Regulators Calls for Further Details on Microsoft, Google AI Deals

BRUSSELS – EU antitrust regulators will seek additional third-party views on Microsoft’s (NASDAQ: MSFT) partnership with OpenAI and Google’s artificial intelligence deal with Samsung for Samsung devices, EU competition chief Margrethe Vestager said on Friday.

Vestager had in March sent questionnaires to Microsoft, Google, Meta’s Facebook, and ByteDance’s TikTok as well as other big tech companies related to their AI partnerships.

“We have reviewed the replies, and are now sending a follow-up request for information on the agreement between Microsoft and OpenAI. To understand whether certain exclusivity clauses could hurt competitors,” she told a conference.

(Source: Reuters)

author avatar
Zabih Ullah
Zabih Ullah is a seasoned finance writer with more than ten years of experience. He is highly skilled at analyzing market trends, decoding economic data, and providing insightful commentary on various financial topics. Driven by his curiosity, Zabih stays updated with the latest developments in the finance industry, ensuring that his readers receive timely and relevant news and analysis.