Dutch competition regulator wants more power after EU drops probe of Microsoft's Inflection takeover

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Dutch competition regulator wants more power after EU drops probe of Microsoft's Inflection takeover

The Dutch competition regulator, ACM, has expressed a need for enhanced powers to investigate mergers and acquisitions. This statement follows the European Union's decision not to pursue an antitrust investigation into Microsoft's acquisition of AI startup Inflection. ACM's chairman, Martijn Snoep, emphasized the necessity of assessing potential negative impacts on consumers and businesses in the Netherlands.

ACM highlighted the current limitations in its ability to evaluate the effects of such acquisitions on market power. The regulator aims to obtain new powers that would allow it to refer significant deals to the European Commission. This move reflects a growing concern over the implications of large tech companies consolidating their influence in the AI sector.

• Dutch regulator calls for more powers after EU drops Microsoft investigation.

• Concerns raised over potential consumer impacts from Microsoft's Inflection acquisition.

Key AI Terms Mentioned in this Article

Antitrust

The article discusses the EU's antitrust decision regarding Microsoft's acquisition of Inflection.

Market Power

ACM is concerned about the potential market power Microsoft could gain through its acquisition.

Acquisition

The article focuses on Microsoft's acquisition of the AI startup Inflection and its implications.

Companies Mentioned in this Article

Microsoft

The company's acquisition of Inflection has raised regulatory concerns in the Netherlands.

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