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Amazon faces UK merger probe over $4 billion Anthrotic AI investment
Amazon and artificial intelligence research firm Anthropic are under investigation for a de facto merger in the UK. The UK's Competition and Markets Authority (CMA) issued a formal notice on August 8 announcing the launch of an investigation into Amazon's $4 billion investment in Anthropic and its exclusivity agreement. The central issue of the investigation is whether Amazon's minority stake and the exclusivity of the two companies constitute an anti-competitive partnership. The current phase o...
2024-08-08 17:10:34
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