Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing

From Cointelegraph

August 3, 2024 4:53:48 pm:

Tech giants Apple and Google are under investigation for potential antitrust violations in the US and EU due to their partnership. The two companies have come under scrutiny for potentially using their market dominance to stifle competition.

The investigations are looking into whether Apple and Google have used their partnership to create anti-competitive practices that harm consumers and limit competition in the marketplace. Both the US and EU regulators are taking a closer look at the two companies’ business practices.

Apple and Google are facing scrutiny from antitrust regulators in both the US and EU over concerns that their partnership may be harming competition in the tech industry. The investigations are focused on whether the two companies are engaging in anti-competitive behavior that stifles innovation and consumer choice.

Read more at CoinTelegraph: Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing