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Microsoft’s Inflection AI hires escape German merger review

( November 29, 2024, 09:52 GMT | Official Statement) -- MLex Summary: Microsoft’s hiring of Inflection AI staff, including its co-founder Mustafa Suleyman, doesn’t qualify for German merger review due to the AI startup’s “minor” activities in the country, the Bundeskartellamt said today. However, the authority concluded after its assessment that one company taking over all of another’s employees, plus its financing agreements and IP rights, can constitute a merger under national law.Statement follows....

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