EU Antitrust Chief warns Microsoft's hiring of most of AI startup Inflection's staff might trigger antitrust action if widespread.
EU Antitrust Chief Margrethe Vestager warns Microsoft's recent hiring of most of AI startup Inflection's staff, including co-founders, may trigger antitrust action if it becomes a widespread trend among tech companies. The move bypassed regulatory scrutiny associated with traditional acquisitions, as it does not fall under merger rules. Vestager emphasized that the EU will be observing the situation closely.
April 03, 2024
7 Articles