Examination by CMA on Google and Anthropic termed as ‘a precautionary’ move by Analyst

The UK’s Competition and Markets Authority (CMA) has taken a step to formally investigate Google’s acquisition of a $2 billion stake in Anthropic.

[…Keep reading]

CMA probe of Google, Anthropic ‘a precautionary’ move: Analyst

The UK’s Competition and Markets Authority (CMA) has taken a step to formally investigate Google’s acquisition of a $2 billion stake in Anthropic. “The investigation appears to be a precautionary measure across all fronts, particularly because CMA recently gave the go-ahead to Amazon’s investment and partnership with Anthropic,” noted an industry analyst on Thursday.

According to Scott Bickley, who serves as an advisory fellow at Info-Tech Research Group, “the agreements with Google and Amazon seem quite alike on the surface. Both Microsoft and Alphabet/Google are now under the CMA’s microscope for their collaborations with OpenAI and Anthropic. However, given the Department of Justice’s recent ruling on Google’s anti-competitive behavior in search and advertising, the scrutiny on Google might require a deeper investigation.”

In a statement released on Thursday, the CMA highlighted that it had gathered “sufficient information” to commence a preliminary probe into Google’s investment. The deal, which was initially announced last year and involved an initial investment of $500 million, with the rest to follow at a later date, is now under CMA’s scrutiny.

About Author

Subscribe To InfoSec Today News

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.