$2 billion deal between Google and Anthropic has received approval from the UK regulator
- The UK regulator will not conduct an in-depth investigation
- That is, Google will not have to justify its partnership
- The regulator began looking into the Google and Anthropic deal in October
- The regulator decided it did not fall under merger laws
- Google will not be able to significantly influence Anthropic's operations
- It will not get a seat on the BOD, voting rights or veto over decisions
- Google increased its investment for Anthropic to $2 billion in 2023
- It wanted to gain an edge over Microsoft, OpenAI and others.
- Earlier, the UK regulator did not look into the Anthropic and Amazon deal
- Meanwhile, the regulator is looking into the Microsoft and OpenAI deal