British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation in the sector. This inquiry could reshape the AI industry’s landscape. Some experts warned that...
The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in King Charles III’s first speech to Parliament, are designed to help the Competition and Markets Authority (CMA) make sure companies like Meta and Google...
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Nov. 3) that Meta has made commitments to not use its advertising customers’ data. These commitments aim to protect businesses and consumers from any unfair competitive advantage that Meta may have, which could distort competition...
The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo charge productivity and make millions of everyday tasks easier — but we can’t take a positive future for granted,” Sarah Cardell,...
January 16, 2023
The U.K. today counts 6.5 million active users of open banking-powered technology. In a recent statement announcing the news, the country’s Open Banking Implementation Entity (OBIE) added that there were 7.5 million open banking-powered payments in the U.K. as of December 2022. This milestone comes five years after open banking was made a regulatory requirement […]
May 17, 2024
The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that Microsoft Corporation’s partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2022,” the regulator said in a Friday (May 17) update. The […]
November 07, 2023
The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in King Charles III’s first speech to Parliament,...
November 03, 2023
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Nov. 3) that Meta has made commitments to not use its advertising customers’ data. These commitments aim to protect businesses...
September 18, 2023
The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo charge productivity and make millions...
