EU is fielding comments on potential market harms of Microsoft's investments.

European Union regulators are concerned that Microsoft may be covertly controlling OpenAI as its biggest investor.

    • LWDEnglish
      201·
      10 months ago

      deleted by creator

      • Kbin_space_program@kbin.social
        44·
        10 months ago

        It’s about the EU regulators. It’s notable that they don’t seem to have any concerns about Google, despite Google being exponentially worse.

          • wikibot@lemmy.worldBEnglish
            1·
            10 months ago

            Here’s the summary for the wikipedia article you mentioned in your comment:

            Since 2010, the European Union has investigated several antitrust complaints against Google alleging abuses of its dominant position in breach of the EU's competition laws. Three complaints have resulted in formal charges against Google: those relating to Google Shopping, the Android operating system and to Google AdSense. Google has been found guilty of antitrust breaches in the three cases and has been fined over €8 billion. In 2020, the European Union has also launched a full investigation of Google's proposed acquisition of the fitness tracker and wearable health company Fitbit, under the EU Merger Regulation. The operation was eventually cleared on 17 December 2020 subject to conditions.

            article | about

        • MNByChoice@midwest.socialEnglish
          41·
          10 months ago

          You know EU regulators can do multiple things at once and that investigations take time and tend to be secret until they are ready to act.

            • barsoapEnglish
              2·
              10 months ago

              EU regulators aren’t politicians, they’re bureaucrats. The anti-trust office in particular is special because it’s practically the oldest EU institution, getting their start in the ECSC as regulators of a trade cartel, brutally cracking down on internal collusion both because presence of such practices weakens the whole and to make sure that national cartels are broken up, the very founding idea of the ECSC was to intertwine coal and steel industries so that internal war would become impossible because no individual nation actually had control over that sector.