Sarah Cardell, CEO of the CMA, said it would use its merger review powers to protect competition in the AI industry.Sarah Cardell, CEO of the CMA, said it would use its merger review powers to protect competition in the AI industry.onopoly,” said Peter Thiel, Silicon Valley’s answer to Darth Vader, “is the condition of every successful business.” This aspiration is widely shared by Gamman, the new acronynm for the Valley’s giants – Google, Apple,, Meta, Amazon and Nvidia.
With the 20/20 vision of hindsight, we now realise that these were all anticompetitive acquisitions that should have been resisted at the time – but weren’t.
She also warned the CMA would be taking action through its formidable investigative powers – including merger control reviews, market investigations, and potential designation under new digital competition legislation – to assess and mitigate the competition risks from the new technology.
Source: News Formal (newsformal.com)
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