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Microsoft, Amazon AI Deals Get Deeper UK Antitrust Scrutiny [BNN Bloomberg (Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
probe, a week after the agency warned of Big Tech's “interconnected web” of deals into the booming market. The Competition and Markets Authority said Wednesday it was gathering information from market players to determine whether the collaboration between the two firms threatens competition in the UK. It also said it was looking at Microsoft Corp.'s partnership with Mistral and Inflection AI, a start up that lost its chief executive and most of its staff to Microsoft last month. “We will assess, objectively and impartially, whether each of these three deals fall within UK merger rules and, if they do, whether they have any impact on competition in the UK,” said Joel Bamford, executive director of mergers at the CMA. The swift action follows findings from the agency that the pattern of large tech firms investing in AI startups could allow them to shape the markets and cause competition concerns. It said it wanted to learn from the past, where a winner-takes-all dynamic led to t [Read more]
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Stockreport

Microsoft, Amazon AI Deals Get Deeper UK Antitrust Scrutiny [BNN Bloomberg (Canada)]

Microsoft Corporation  (MSFT) 
More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
probe, a week after the agency warned of Big Tech's “interconnected web” of deals into the booming market. The Competition and Markets Authority said Wednesday it was gathering information from market players to determine whether the collaboration between the two firms threatens competition in the UK. It also said it was looking at Microsoft Corp.'s partnership with Mistral and Inflection AI, a start up that lost its chief executive and most of its staff to Microsoft last month. “We will assess, objectively and impartially, whether each of these three deals fall within UK merger rules and, if they do, whether they have any impact on competition in the UK,” said Joel Bamford, executive director of mergers at the CMA. The swift action follows findings from the agency that the pattern of large tech firms investing in AI startups could allow them to shape the markets and cause competition concerns. It said it wanted to learn from the past, where a winner-takes-all dynamic led to t [Read more]
IMPACT SNAPSHOT
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MSFT
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS