US Regulators Begin Antitrust Inquiries on Tech Giants
Thursday, 6 June 2024, 04:47
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US Regulators Investigate Tech Giants for Antitrust Violations
According to a recent report by The New York Times, the U.S. Department of Justice and the FTC are launching separate inquiries into Microsoft, OpenAI, and Nvidia for potential antitrust violations.
Investigative Focus
- Nvidia: DOJ to lead the investigation on Nvidia's potential antitrust violations.
- OpenAI and Microsoft: FTC to examine the conduct of OpenAI and Microsoft.
While OpenAI's parent is a nonprofit entity, Microsoft's substantial investment in a for-profit subsidiary raises concerns over market influence and corporate strategy.
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