The Competition and Markets Authority, or CMA, in the UK issued an Invitation to Comment on the partnership between Microsoft and OpenAI. This provides an early opportunity for the parties and interested third parties to comment on whether the partnership has resulted in a relevant merger situation and, if so, the impact that the merger could have on competition in the UK. The Invitation to Comment comes in advance of any launch of a formal phase 1 investigation.
The CMA will review whether the partnership has resulted in an acquisition of control or change in the nature of control by one entity over another.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.