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Microsoft-Mistral deal escapes UK review due to lack of ‘dependency’ in AI investment

By Lewis Crofts ( May 21, 2024, 13:10 GMT | Insight) -- Microsoft's 15 million-euro investment in French AI company Mistral didn't trigger UK intervention under merger laws, because the arrangement didn't create a "dependency" between the companies via deals on distribution and computing power. The decision by the Competition and Markets Authority is remarkable in setting out in unusual detail a framework for how UK antitrust officials may look at AI partnerships as they study whether the deals amount to the acquisition of "material influence."Microsoft's 15 million-euro ($17 million) investment in French AI company Mistral didn't trigger UK intervention under merger laws, because the arrangement didn't create a "dependency" between the companies via deals on distribution and computing power....

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