FTC and DOJ Support Key Claims in Elon Musk's Antitrust Case Against OpenAI and Microsoft

Federal agencies back Musk's allegations of antitrust violations involving OpenAI's board structure and Microsoft's investments.

The FTC and DOJ filed a joint statement supporting Musk's claim that OpenAI and Microsoft's board arrangements violated the Clayton Act's prohibition on interlocking directorates.
Musk alleges OpenAI and Microsoft collaborated to monopolize the AI market, departing from OpenAI's original nonprofit mission.
The lawsuit seeks to nullify OpenAI's license with Microsoft, force divestitures, and provide financial damages for alleged harm to Musk and the public.
Musk is also pushing for OpenAI to auction off its nonprofit stake, arguing it would ensure maximum value and transparency in its transition to a public benefit corporation.
OpenAI denies the claims, labeling Musk's actions as competitive harassment, while continuing its planned conversion to a public benefit corporation valued at $157 billion.