September 4, 2024: UK Approves Microsoft-Inflection Deal, Labels It Merger - The UKs CMA approved Microsofts $650M acquihire of AI startup Inflections team, designating it a relevant merger situation despite no formal acquisition. The CMA found no significant competition concerns as Inflection wasnt a major competitor to Microsofts AI tools. However, future tech deals may face closer scrutiny under similar circumstances.
