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Matthew Schruers President & CEO at Computer & Communications Industry Association | Official website

CCIA responds to CMA's investigation into Amazon's investment in Anthropic

The Computer & Communications Industry Association (CCIA) has issued a statement in response to the UK Competition and Markets Authority’s (CMA) announcement of an investigation into Amazon's $4 billion investment in AI company Anthropic, which grants Amazon a minor ownership stake.

Matthew Sinclair, CCIA Senior Director, UK, stated: “The latest CMA announcements will only prolong and exacerbate the pressures on innovative challengers in the AI foundation models sector. Months of regulatory uncertainty are a serious imposition for fast-moving businesses. The CMA’s novel application of merger control rules in these settings may significantly impair innovation and competition in a vital sector for the UK economy.”

Sinclair also commented on the CMA’s publication of a working paper concerning potential remedies as part of its ongoing market investigation into mobile browsers and cloud gaming: “Browsers have changed dramatically over time in their function and integration with other software and hardware. There is no sign that this process is done. The CMA should consider remedies carefully, and ensure that it does not prevent companies from innovating and responding to diverse consumer needs now and in the future.”