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Merger Update: Google/Anthropic

RNS Announcement

RNS Number : 3047J

Competition and Markets Authority

24 October 2024

Start of CMA Merger Investigation: completed partnership between Alphabet Inc. and Anthropic PBC

The Competition and Markets Authority (CMA) is considering whether this transaction has resulted 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 merger 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 24 October 2024 and has a deadline of 19 December 2024 for its phase 1 decision.

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RNS metadata

Title: Merger Update: Google/Anthropic
Time: 12:00:00
Date: 24 Oct 2024
Category: Acquisitions and alliances
ID: 3047J