CMA

The UK’s antitrust regulator will formally investigate Alphabet’s $2.3 billion Anthropic investment
25 Oct

The UK’s antitrust regulator will formally investigate Alphabet’s $2.3 billion Anthropic investment

stp2y0 CommentsNews, , , , , ,
The UK’s competition regulator is probing Alphabet’s investment in AI startup Anthropic. After opening public comments this summer, the Competition and Market Authority (CMA) said on Thursday it has “sufficient information” to begin an initial investigation into whether Alphabet’s reported $2.3 billion investment in the Claude AI chatbot maker harms competition in UK markets.The CMA breaks its merger probes into two stages: a preliminary scan to determine whether there’s enough evidence to dig deeper and an optional second phase where the government gathers as much evidence as possible. After the second stage, it ultimately decides on a regulatory outcome.The probe…
Read More
UK watchdog claims Google’s ad tech practices are harming competition
08 Sep

UK watchdog claims Google’s ad tech practices are harming competition

stp2y0 CommentsNews, , , , , , ,
is facing yet more scrutiny over its ad tech practices after the UK’s competition watchdog that the company is abusing its dominant market position. In a statement of objections, the Competition and Markets Authority said Google is harming competition in the country “by using its dominance in online display advertising to favor its own ad tech services.”The watchdog , since 2015, Google has taken advantage of its dominant position in the sector as the operator of the Google Ads and DV260 ad-buying tools and DoubleClick For Publishers, a publisher ad server, to bolster its AdX advertising exchange. The CMA said…
Read More
UK competition watchdog opens Ticketmaster probe after Oasis ticket debacle
05 Sep

UK competition watchdog opens Ticketmaster probe after Oasis ticket debacle

stp2y0 CommentsNews, , , , ,
The UK’s competition watchdog has opened a formal investigation into after tickets for Oasis' reunion shows went on sale last weekend. The Competition and Markets Authority said it will and whether it broke consumer law.Dynamic pricing involves a business adjusting prices based on shifting market conditions, such as demand. Airlines are among those that use the model.Some Oasis fans who tried desperately to get tickets for the band’s first shows in 16 years waited for hours in Ticketmaster’s virtual queues. When they were finally able to buy tickets, some found that they were two or three times more expensive than…
Read More
UK opens antitrust investigation into Amazon over its ties to AI startup Anthropic
09 Aug

UK opens antitrust investigation into Amazon over its ties to AI startup Anthropic

stp2y0 CommentsNews, , , , ,
The UK’s antitrust regulator is into Amazon and its ties with AI startup Anthropic. This comes after Amazon completed a $4 billion investment into the company. For the uninitiated, Anthropic is the organization .The investigation will decide whether the aforementioned $4 billion investment qualifies as a merger under current regulations set forth by the country’s Competition and Markets Authority (CMA.) If it’s officially considered a merger, the investigation will then look into whether or not it will harm competition in the country. The investigators have 40 working days to come to a decision.Amazon has previously stated the investment does not…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.