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.

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.

The European Commission said seven EU countries had dropped their requests asking it to examine the deal. The move followed a ruling from Europe's top court earlier this month prohibiting the EU enforcer from examining merger cases which fall below the EU's merger revenue threshold.

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,