UK Antitrust Regulator Looks Into Microsoft’s $16 Bln Nuance Deal

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Britain’s antitrust regulator said on Monday it will look into Microsoft Corp’s $16 billion purchase of artificial intelligence and speech technology firm Nuance Communications.

Microsoft announced it would buy Nuance in April to boost its presence in cloud services for healthcare. The deal has already received regulatory approval in the United States and Australia, without remedies given.

The deal will be Microsoft’s second biggest after its $26.2 billion purchase of LinkedIn, was set to secure unconditional EU antitrust approval.

The Competition and Markets Authority (CMA), which has been stepping up its regulation of Big Tech, said it was considering if the deal would result in lesser competition in the UK market.

 

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Microsoft has also been in preliminary talks with the CMA ahead of a formal request for approval of the Nuance deal, the sources had said.

Interested parties have until Jan. 10 to comment on the deal, the CMA said.
– Reuters

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