The Fort Worth Press - EU further scrutinises Microsoft, OpenAI tie-up

USD -
AED 3.673042
AFN 68.858766
ALL 88.802398
AMD 387.151613
ANG 1.799401
AOA 927.769041
ARS 961.359012
AUD 1.46886
AWG 1.8
AZN 1.70397
BAM 1.749922
BBD 2.015926
BDT 119.312844
BGN 1.749287
BHD 0.376236
BIF 2894.376594
BMD 1
BND 1.290118
BOB 6.899298
BRL 5.515104
BSD 0.998434
BTN 83.448933
BWP 13.198228
BYN 3.267481
BYR 19600
BZD 2.012526
CAD 1.35775
CDF 2871.000362
CHF 0.850342
CLF 0.033728
CLP 930.650396
CNY 7.051904
CNH 7.043005
COP 4153.983805
CRC 518.051268
CUC 1
CUP 26.5
CVE 98.657898
CZK 22.451404
DJF 177.79269
DKK 6.68204
DOP 59.929316
DZD 132.138863
EGP 48.452557
ERN 15
ETB 115.859974
EUR 0.894904
FJD 2.200804
FKP 0.761559
GBP 0.75092
GEL 2.730391
GGP 0.761559
GHS 15.696327
GIP 0.761559
GMD 68.503851
GNF 8626.135194
GTQ 7.71798
GYD 208.866819
HKD 7.790095
HNL 24.767145
HRK 6.799011
HTG 131.740706
HUF 352.160388
IDR 15160.8
ILS 3.777515
IMP 0.761559
INR 83.48045
IQD 1307.922874
IRR 42092.503816
ISK 136.260386
JEP 0.761559
JMD 156.86485
JOD 0.708504
JPY 143.90404
KES 128.797029
KGS 84.238504
KHR 4054.936698
KMF 441.350384
KPW 899.999433
KRW 1332.490383
KWD 0.30507
KYD 0.832014
KZT 478.691898
LAK 22047.152507
LBP 89409.743659
LKR 304.621304
LRD 199.686843
LSL 17.527759
LTL 2.95274
LVL 0.60489
LYD 4.741198
MAD 9.681206
MDL 17.42227
MGA 4515.724959
MKD 55.129065
MMK 3247.960992
MNT 3397.999955
MOP 8.014495
MRU 39.677896
MUR 45.880378
MVR 15.360378
MWK 1731.132286
MXN 19.416804
MYR 4.205039
MZN 63.850377
NAD 17.527759
NGN 1639.450377
NIO 36.746745
NOK 10.482404
NPR 133.518543
NZD 1.603206
OMR 0.384512
PAB 0.998434
PEN 3.742316
PGK 3.9082
PHP 55.653038
PKR 277.414933
PLN 3.82535
PYG 7789.558449
QAR 3.640048
RON 4.449904
RSD 104.886038
RUB 92.240594
RWF 1345.94909
SAR 3.752452
SBD 8.306937
SCR 13.046124
SDG 601.503676
SEK 10.170404
SGD 1.291304
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 570.572183
SRD 30.205038
STD 20697.981008
SVC 8.736188
SYP 2512.529936
SZL 17.534112
THB 32.927038
TJS 10.61334
TMT 3.5
TND 3.025276
TOP 2.342104
TRY 34.124875
TTD 6.791035
TWD 31.981038
TZS 2725.719143
UAH 41.267749
UGX 3698.832371
UYU 41.256207
UZS 12705.229723
VEF 3622552.534434
VES 36.777762
VND 24605
VUV 118.722009
WST 2.797463
XAF 586.90735
XAG 0.03211
XAU 0.000381
XCD 2.70255
XDR 0.739945
XOF 586.90735
XPF 106.706035
YER 250.325037
ZAR 17.38465
ZMK 9001.203587
ZMW 26.433141
ZWL 321.999592
  • GSK

    -0.8200

    40.8

    -2.01%

  • SCS

    -0.3900

    12.92

    -3.02%

  • RBGPF

    58.8300

    58.83

    +100%

  • VOD

    -0.0500

    10.01

    -0.5%

  • AZN

    -0.5200

    78.38

    -0.66%

  • BTI

    -0.1300

    37.44

    -0.35%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • NGG

    0.7200

    69.55

    +1.04%

  • RIO

    -1.6100

    63.57

    -2.53%

  • CMSC

    0.0300

    25.15

    +0.12%

  • CMSD

    0.0100

    25.02

    +0.04%

  • JRI

    -0.0800

    13.32

    -0.6%

  • BCE

    -0.1500

    35.04

    -0.43%

  • RELX

    -0.1400

    47.99

    -0.29%

  • BCC

    -7.1900

    137.5

    -5.23%

  • BP

    -0.1200

    32.64

    -0.37%

EU further scrutinises Microsoft, OpenAI tie-up
EU further scrutinises Microsoft, OpenAI tie-up / Photo: © AFP/File

EU further scrutinises Microsoft, OpenAI tie-up

The EU will examine the impact of Microsoft's multi-billion-dollar partnership with ChatGPT developer OpenAI on competition in the fast-growing AI market, the bloc's antitrust chief said Friday.

Text size:

But the European Commission concluded after a preliminary examination that the $13 billion tie-up did not mean the US tech giant had taken control of OpenAI.

"The key question was whether Microsoft had acquired control on a long-lasting basis over OpenAI. After a thorough review... we concluded that as such, it was not the case," said EU competition commissioner, Margrethe Vestager.

"So we are closing this chapter. But the thing is that the story is not over," she said during a speech in Brussels.

Instead, the EU has now demanded more information from Microsoft about the agreement between the two companies, Vestager said, "to understand whether certain exclusivity clauses could have a negative effect on competition".

She also said the EU has sought more information about Google's arrangement with Samsung to pre-install its small version of the AI system, Gemini, on some devices made by the South Korean giant.

And Brussels wanted to understand the impact of so-called "acqui-hires", Vestager added, which is when a company acquires another firm mainly to grab the key talent.

Microsoft earlier this year announced a deal to hire senior figures from OpenAI rival Inflection, including its boss, to head up a newly created consumer AI unit. But unlike a merger, Inflection still operates as an independent company.

This means it does not face a traditional merger probe, which would have given regulators the right to block an acquisition.

The EU's study of Microsoft and OpenAI came after an abortive boardroom coup last year against the ChatGPT maker's CEO Sam Altman, whom Microsoft supported and even briefly hired.

American and British regulators are also looking at the partnership.

Microsoft welcomed the conclusion of the EU's examination.

"We appreciate the European Commission's thorough review and its conclusion that Microsoft's investment and partnership with OpenAI does not give Microsoft control over the company," a Microsoft spokesperson said.

"We stand ready to respond to any additional questions the European Commission may have."

F.Garcia--TFWP