The UK Competition and Markets Authority has concluded its investigation into Microsoft's partnership with OpenAI, prompted by concerns regarding control after the dramatic firing and rehiring of OpenAI's CEO Sam Altman. Despite Microsoft's significant financial investment and influence over OpenAI's commercial decisions, the CMA found that there was no substantial change in control that warranted a merger review. Digital rights advocates criticized the conclusions, suggesting the CMA's authority has been weakened in this new political context, even as the authority reaffirmed its commitment to regulatory boundaries set by Parliament.
The CMA concluded that Microsoft's financial investments in OpenAI do not equate to control under UK merger rules, therefore ending the investigation without further action.
Despite recognizing Microsoft's significant influence on OpenAI's commercial policy, the CMA deemed that no substantial change in control occurred that would necessitate a merger review.
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