February 8, 2025
FTC clarifies legal points in Musk v. Altman with AI investments at stake
The Federal Trade Commission has weighed in on a high-stakes legal dispute between Elon Musk and OpenAI CEO Sam Altman over the company’s management and investors, with the agency suggesting antitrust law supports Musk’s claims while not officially taking sides in the case.
“Interlocking directorates are an unfair method of competition under federal antitrust law, including the FTC Act,” says the FTC in its Jan. 10 filing with the U.S. district court for northern California in Elon Musk et...