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

By Reuters
Reuters
Reuters
December 13, 2021 Updated: December 13, 2021

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 Inc.

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.

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.

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

Reuters