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Microsoft-OpenAI deal set to dodge formal EU merger probe

By Foo Yun Chee and Yuvraj Malik

Apr 18 2024 5:44AM

Not an acquisition.

Microsoft-OpenAI deal set to dodge formal EU merger probe

EU antitrust regulators have concluded that Microsoft's US$13 billion ($20 billion) investment into OpenAI is not an acquisition, sources familiar with the matter said, signalling the deal will avoid a formal European probe that could have led to onerous remedies for the US tech giant. Microsoft ...

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