British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation in the sector. This inquiry could reshape the AI industry’s landscape. Some experts warned that...
The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI. The regulator aims to determine if “recent developments” have resulted in a merger situation and if a merger could impact competition in the U.K., the CMA said in a Friday (Dec. 8) press...
The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in King Charles III’s first speech to Parliament, are designed to help the Competition and Markets Authority (CMA) make sure companies like Meta and Google...
The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo charge productivity and make millions of everyday tasks easier — but we can’t take a positive future for granted,” Sarah Cardell,...
March 07, 2023
Increased British adoption of open banking this year may be making headlines after the announcement of a new regulator focusing on the space — but this surge may have been made possible by the country’s high digital engagement. Surveying more than 30,000 consumers across 11 countries, PYMNTS’ December ConnectedEconomy™ Index, “How the World Does Digital,” is […]
January 01, 2021
If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year...
May 17, 2024
The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that Microsoft Corporation’s partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2022,” the regulator said in a Friday (May 17) update. The […]
December 08, 2023
The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI. The regulator aims to determine if “recent developments” have resulted in a merger situation and if a...
November 07, 2023
The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in King Charles III’s first speech to Parliament,...
September 18, 2023
The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo charge productivity and make millions...
