UK competition regulator looks into Microsoft’s $ 16 billion deal with Nuance By Reuters

(Reuters) – Britain’s antitrust regulator said on Monday it would review Microsoft Corp (NASDAQ 🙂 buys artificial intelligence and voice technology company for $ 16 billion Nuance Communications (NASDAQ 🙂 Inc.

The Competition and Markets Authority (CMA), which has stepped up its regulation of Big Techs, said it was considering whether the deal would result in less competition in the UK market.

Microsoft announced that it would buy Nuance in April to strengthen its presence in cloud healthcare services. The deal has already received regulatory approval in the United States and Australia, without appeal.

Reuters announced last week that the deal, which will be Microsoft’s second-largest after its $ 26.2 billion purchase of LinkedIn in 2016, must get unconditional EU antitrust approval.

Microsoft has also been in preliminary talks with the CMA ahead of a formal request for approval of the deal with Nuance, the sources said.

Microsoft and Nuance did not immediately respond to requests for comment from Reuters.

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

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