The Dutch market regulator said on Thursday it needed more powers to investigate deals at its own level, a day after the European Union antitrust regulators said they would not take action against Microsoft's hiring of artificial intelligence startup Inflection's staff.

Microsoft only bought Inflection’s IP and hired away its key staff, but that’s still enough to constitute a merger, a UK regulator ruled.

The U.K.’s antitrust regulator says that the tech titan's high-profile acquihire of the team behind AI startup Inflection doesn't cause competition concerns, and thus it won't be pursuing a full-scale investigation.

Microsoft's hiring of artificial intelligence startup Inflection's staff including its co-founders will not be scrutinised under European Union merger rules, EU antitrust regulators said on Wednesday.

According to Reuters, Microsoft agreed to pay approximately $650 million as part of the deal, gaining access to Inflection's AI models and enabling the startup to reimburse its investors.

Key Takeaways The European Commission said it would not be investigating possible antitrust violations related to Microsoft's agreement with AI startup Inflection AI.Officials said their decision came as seven member nations of the European Union withdrew their initial requests for a probe.

EU antitrust regulators will not take action against Microsoft's hiring of artificial intelligence startup Inflection's staff including its co-founders after seven EU countries dropped their requests asking their bigger peer to examine the deal,