FILE PHOTO: EU antitrust chief Margrethe Vestager holds a press conference in Brussels, Belgium March 25, 2024. REUTERS/Yves Herman/File PhotoBRUSSELS : EU regulators have noted Microsoft's hiring of most of artificial intelligence startup Inflection's staff including its co-founders and may act if other companies act similarly, making it a trend, EU antitrust chief Margrethe Vestager said on Wednesday.
The move triggered criticism from rivals as the talent and technology transfer meant Microsoft avoided the regulatory scrutiny that comes with a traditional acquisition."It is the kind of thing on which we keep an eye but as you say, since it is not a merger it is not caught by merger rules," she told reporters.
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