Microsoft, Amazon and Google face F.T.C. AI Survey Offers
The agency plans to closely examine Microsoft, Amazon and Google for their investments in AI. OpenAI and Anthropic start-ups.
The Federal Trade Commission on Thursday opened an investigation into multibillion-dollar investments by Microsoft, Amazon and Google in start-ups of artificial intelligence. OpenAI and Anthropic, expanding the regulator's efforts to limit the power that tech giants can have over AI.
These agreements have allowed large companies to form deep ties with their smaller rivals while dodging most government controls. Microsoft has invested billions of dollars in OpenAI, the creator of ChatGPT, while Amazon and Google have each committed billions of dollars to Anthropic, another AI leader. start-up.
Regulators have generally focused on antitrust lawsuits against deals in which tech giants buy competitors outright or use acquisitions to expand into new activities, which leads to an increase in prices. for consumers and other harms, and have not regularly challenged the stakes that companies buy in start-ups. The F.T.C. investigation will examine how these investment agreements are changing the competitive landscape and could inform any investigation by federal antitrust regulators into whether these agreements violated the law.
The investigation of the F.T.C. said it would ask Microsoft, OpenAI, Amazon, Google and Anthropic to describe their influence over their partners and how they worked together to make decisions. The agency also said it would require it to provide any internal documents that could shed light on the agreements and their potential impact on competition.
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The agency plans to closely examine Microsoft, Amazon and Google for their investments in AI. OpenAI and Anthropic start-ups.
The Federal Trade Commission on Thursday opened an investigation into multibillion-dollar investments by Microsoft, Amazon and Google in start-ups of artificial intelligence. OpenAI and Anthropic, expanding the regulator's efforts to limit the power that tech giants can have over AI.
These agreements have allowed large companies to form deep ties with their smaller rivals while dodging most government controls. Microsoft has invested billions of dollars in OpenAI, the creator of ChatGPT, while Amazon and Google have each committed billions of dollars to Anthropic, another AI leader. start-up.
Regulators have generally focused on antitrust lawsuits against deals in which tech giants buy competitors outright or use acquisitions to expand into new activities, which leads to an increase in prices. for consumers and other harms, and have not regularly challenged the stakes that companies buy in start-ups. The F.T.C. investigation will examine how these investment agreements are changing the competitive landscape and could inform any investigation by federal antitrust regulators into whether these agreements violated the law.
The investigation of the F.T.C. said it would ask Microsoft, OpenAI, Amazon, Google and Anthropic to describe their influence over their partners and how they worked together to make decisions. The agency also said it would require it to provide any internal documents that could shed light on the agreements and their potential impact on competition.
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