competition News

Microsoft Develops AI Reasoning Models to Challenge OpenAI's Dominance

Microsoft is advancing its AI capabilities by developing in-house reasoning models to compete with OpenAI, alongside training its own MAI models that rival leading AI benchmarks. T...

Indian Electronics Giants Struggle to Compete in State Tenders Amid Favoritism Claims

Indian electronics companies like Micromax and Karbonn are struggling to compete in state tenders due to stringent criteria favoring international brands. Calls for more inclusive ...

Zomato Invests Heavily in Blinkit: A Rs 500 Crore Boost to Quick Commerce

Zomato invests Rs 500 crore in Blinkit, totaling Rs 2,800 crore since 2022, to strengthen its quick commerce business amidst growing competition in India's fast-evolving market.

EU Approves Synopsys' $35 Billion Acquisition of Ansys with Conditions

The European Commission conditionally approves Synopsys' $35 billion acquisition of Ansys, requiring divestitures to preserve competition in optics, photonics, and EDA software mar...

Nvidia's Acquisition of Run:ai Gets Green Light from EU

The European Commission approves a merger deal between Nvidia Corporation and Run:ai Labs Ltd, stating it won't raise competition concerns. The $700 million acquisition was also pr...

BlackRock's Acquisition of Preqin Under UK Regulatory Scrutiny

The UK's Competition and Markets Authority has initiated a merger inquiry into BlackRock's proposed acquisition of Preqin Ltd, following a preliminary review. The phase 1 decision ...

UK Regulator to Investigate BlackRock's $3.2 Billion Acquisition of Preqin

The UK's Competition and Markets Authority is launching an inquiry into BlackRock's acquisition of Preqin, examining whether the deal could result in a substantial lessening of com...