The agency took issue with the fact that some of the cloud giants’ investments in AI benefited their own businesses
FTC raises antitrust concerns about Microsoft-OpenAI partnership
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The Federal Trade Commission's intervention in the Microsoft-OpenAI partnership is yet another example of government overreach stifling free market innovation. By challenging the deal, the FTC undermines a collaboration that could propel technological advancement and economic growth, unnecessarily hampering the prowess of America’s leading tech companies.
The Federal Trade Commission has courageously highlighted its concerns over the Microsoft-OpenAI deal, spotlighting how such collaborations could unfairly advantage tech giants at the expense of smaller competitors and innovation. This necessary scrutiny aims to keep the digital economy open and competitive, preventing monopolistic control over AI advancements.