UK CMA Decides Microsoft's Partnership With Mistral AI Does Not Qualify For Investigation Under Merger Provisions Of The Enterprise Act 2002
Portfolio Pulse from Benzinga Newsdesk
The UK Competition and Markets Authority (CMA) has decided that Microsoft's partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2002.
May 17, 2024 | 11:04 am
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The UK CMA has determined that Microsoft's partnership with Mistral AI does not require an investigation under the Enterprise Act 2002. This decision removes a potential regulatory hurdle for Microsoft.
The decision by the UK CMA to not investigate the partnership removes a potential regulatory obstacle, which is positive news for Microsoft. This could lead to a short-term positive impact on Microsoft's stock price as it alleviates concerns about regulatory delays or complications.
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