Skip to Content

UK antitrust watchdog investigates Microsoft’s Nuance deal

KIFI

LONDON (AP) — British antitrust regulators are opening an investigation into Microsoft’s $16 billion acquisition of speech recognition company Nuance. It’s the latest sign they’re tightening up scrutiny of big technology deals. The Competition and Markets Authority said Monday that it’s looking into the purchase because of concerns that it could result in a “substantial lessening of competition” in the U.K. market. Microsoft said in April that it was buying Nuance Communications, a pioneer in voice-based artificial intelligence technology. The transaction was expected to close this year. British regulators have stepped up scrutiny of tech-related acquisitions and last month ordered Facebook to undo its purchase of Giphy and sell off the GIF-sharing platform. 

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content