UK's CMA raises competition concerns over AI investments by Google, Apple, and Microsoft.
The UK's Competition and Markets Authority (CMA) has voiced concerns over the "interconnected web" of AI investments by major tech firms, including Google, Apple, and Microsoft. These companies have formed partnerships and investments which could potentially limit fair competition in the AI market. The CMA is closely monitoring the fast-growing AI market and is prepared to launch market investigations and merger reviews to ensure fair competition.
April 11, 2024
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