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'Acqui-hire' takeovers can draw merger scrutiny, German regulator says

By Andrew Boyce ( November 29, 2024, 11:41 GMT | Insight) -- "Less-traditional" types of acquisitions, such as the hiring of key staff, can be investigated, Germany's competition authority said today, while announcing that it would not formally investigate Microsoft’s acquisition of the co-founders of Inflection AI due to the startup's minor operations in the country. The move comes amid a spate of Big Tech partnerships and "acqui-hires," particularly in the AI sector, that have prompted antitrust questions."Less-traditional" types of acquisitions, such as the hiring of key staff, can be investigated, Germany's competition authority said today....

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