Amazon’s $4 Billion Anthropic Pact Probed by UK Watchdog
- CMA set Oct. 4 deadline to clear deal or open a deeper probe
- Amazon says the partnership doesn’t warrant a review
Amazon’s investment is also under scrutiny in the US by the Federal Trade Commission, which has sent subpoenas to the company.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
Amazon.com Inc.’s $4 billion investment pact with AI firm Anthropic risks being hampered in the UK after competition watchdogs said the impact of the partnership needs more scrutiny.
The Competition and Markets Authority said Thursday it was opening a formal “phase one” merger probe and set a Oct. 4 deadline on whether to escalate it to a more serious in-depth investigation.