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LONDON – E-commerce giant Amazon’s multibillion-dollar investment in U.S. artificial intelligence company Anthropic is under formal investigation by Britain’s competition watchdog.
Britain’s Competition and Markets Authority said on Thursday it had begun a “phase one” investigation into Amazon’s investment and partnership with Anthropic to assess whether the deal resulted in relevant merger situations that could harm competition in the UK.
Following an initial review of Amazon’s partnership with Anthropic, the CMA now has “sufficient information” related to the partnership to begin a formal investigation, the regulator said in a notice on its website.
The CMA now has up to 40 working days to decide whether the deal would harm competition and should therefore be scrutinized further in an in-depth “Phase 2” investigation.
Amazon and Anthropic had no immediate comment when contacted by CNBC.
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