The UK’s Competition and Markets Authority (CMA) said on Friday (September 27) that it had decided not to investigate further whether the Amazon-Anthropic partnership created a relevant merger situation that could lead to less competition. Announced.
The decision follows the CMA seeking comments on the partnership from interested parties from April 24 to May 9 and launching a merger investigation on August 8, the regulator said in an update on Friday. stated in the information.
According to the “Summary of Stage 1 Decisions” released on Friday, the CMA found that the Amazon-Anthropic partnership does not meet the relevant merger status sales revenue or supply share tests.
“In particular, the CMA submits that Anthropic’s UK sales do not exceed £70 million in the UK and that, on the basis of available evidence, the parties together hold more than a 25% share of the supply of any goods. “We have certified that there is no “or service in the United Kingdom,” the summary states. “Accordingly, the CMA does not consider that a relevant merger situation has arisen or is likely to arise.”
PYMNTS reported on April 24 that the CMA asked for input on the impact of Amazon and Anthropic’s partnership amid growing concerns about competition and innovation in the artificial intelligence field.
The move follows Amazon’s $4 billion investment in March in Anthropic, an AI company known for its chatbot Claude. Amazon said it would maintain a minority stake in Anthropic and not serve on its board.
Announcing the CMA’s call for views on the partnership, Joel Bamford, CMA’s executive director of mergers, said in a press release: Across so many sectors in the UK, including healthcare, energy, transport and finance. Therefore, open, fair and effective competition in the underlying model markets will ensure that not just people and businesses in the UK, but the whole economy, where technology plays a major role in growth and productivity, can maximize the benefits of this transformation. It is extremely important to do so. ”
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