UK Competition Authority Investigates AI Partnerships by Microsoft and Amazon
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#8a40d8c2 ver:0.68

The UK Competition Authority is investigating AI partnerships between Microsoft and Mistral AI, and Amazon and Anthropic, to determine if they comply with merger rules and impact competition. The authority is concerned about the dominance of big tech companies in the AI market and plans to use merger control to address these concerns. The Competition Commission of India is also studying the impact of AI on market concentration and competition. Global regulatory scrutiny on AI and competition is increasing, with different approaches taken by the EU, US, and China. Uganda has passed a Competition Act to promote fair competition and prevent anti-competitive conduct. US regulatory bodies are investigating the potential for algorithms to facilitate price collusion among businesses. The Federal Trade Commission and the European Commission for Competition are investigating the partnership between Microsoft and OpenAI for possible antitrust violations. Ten tech companies have formed a partnership to address the use of AI in creating and distributing child sexual abuse material. #AI #Competition #Regulation...

#newstr #Uk #CompetitionAndMarketsAuthority #Microsoft #Amazon #AiPartnerships #MergerRules #Competition #Openai #MarketDominance #CompetitionLaw #Antitrust #AiRegulation #AlgorithmdrivenPriceCollusion #AiChildSexualAbuseMaterial 

 https://here.news/story/8a40d8c2?ver=0.68