Dare Obasanjo on Nostr: Both EU and US regulators are circling around Microsoft’s deal with OpenAI as a ...
Both EU and US regulators are circling around Microsoft’s deal with OpenAI as a watchdog to effectively acquire the company without raising antitrust concerns.
It will be interesting to see how they argue 49% ownership & a non-voting board seat is equivalent to owning the company.
Clearly the board could fIre the CEO without Microsoft’s input and Satya only got his way by threatening to hire away all the employees. Any big tech could have done that.
https://www.politico.com/news/2024/01/19/doj-ftc-microsoft-openai-antitrust-00136624Published at
2024-01-20 02:18:34Event JSON
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"content": "Both EU and US regulators are circling around Microsoft’s deal with OpenAI as a watchdog to effectively acquire the company without raising antitrust concerns. \n\nIt will be interesting to see how they argue 49% ownership \u0026 a non-voting board seat is equivalent to owning the company. \n\nClearly the board could fIre the CEO without Microsoft’s input and Satya only got his way by threatening to hire away all the employees. Any big tech could have done that. \nhttps://www.politico.com/news/2024/01/19/doj-ftc-microsoft-openai-antitrust-00136624",
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