Two Years, 57 Pages, No Merger: Amazon, Anthropic, and Brazil’s Filing Problem
The wave of artificial intelligence (AI) partnerships and “acqui-hires”—deals to acquire a company’s talent—has reached Brazil. The tribunal of Brazil’s Administrative Council for Economic Defense (CADE) decided its first batch of such cases involving large technology firms and AI startups in May. A second round followed in September with Amazon/Anthropic—the would-be merger that turned out not to be one.
The first round focused on people. CADE treated Microsoft/Inflection and Google/Character.AI as “reverse acqui-hires.” These…
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