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Merger Update : Microsoft / Inflection

RNS Announcement

RNS Number : 2946W

Competition and Markets Authority

16 July 2024

Start of CMA Merger Investigation: Microsoft Corporation's (Microsoft) hiring of certain former employees of Inflection AI, Inc. (Inflection) and its entry into associated arrangements with Inflection

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

The CMA announced the launch of its merger inquiry by notice to the Parties on 16 July 2024 and has a deadline of 11 September 2024 for its phase 1 decision.

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RNS metadata

Title: Merger Update : Microsoft / Inflection
Time: 12:00:00
Date: 16 Jul 2024
Category: Acquisitions and alliances
ID: 2946W