REG - Competition and Mkts - Merger Update: Google/Anthropic

AlphabetAnnouncement

24/10/2024 13:00

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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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