U.S. antitrust enforcers weighed in on Friday on Elon Musk's lawsuit seeking to block OpenAI's conversion to a public company, pointing out legal doctrines that support his claim that OpenAI and Microsoft engaged in anticompetitive practices.

While they didn't support Musk's allegations directly, the feds added weight to his interpretation of antitrust law.

OpenAI launched a for-profit subsidiary a year later in order to raise outside capital, including more than $13 billion so far from its biggest backer, Microsoft. However, the non-profit entity, along with employees and investors, currently owns that for-profit subsidiary.

The U.S. Federal Trade Commission weighed in on Friday on Elon Musk's lawsuit seeking to block OpenAI's conversion to a public company, pointing out legal doctrines that could support his claim that OpenAI and Microsoft engaged in anticompetitive practices.

According to a report in the Financial Times, lawyers for Musk have contacted attorneys-general in Delaware and California to demand that a large stake in OpenAI be sold off in an open auction process.

In a speech to the Oxford Farming Conference on Thursday, Steve Reed, UK government minister, announced that secondary legislation required to give force to 2023’s Genetic Technology (Precision Breeding) Act would be introduced to parliament by the end of March.

Musk dropped the lawsuit but filed another one against Altman and OpenAI, this time elevating his accusations to claim OpenAI worked with Microsoft, an investor, to create a monopoly. The billionaire also alleged the company violated its founding claim as a nonprofit by pursuing profit. OpenAI has denied the allegations.

A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring,

A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to auction off a large stake in its business, intensifying a bitter fight with the company’s chief executive Sam Altman.

Elon Musk and his attorneys have asked judges in the states of California and Delaware to cause an auction that would force OpenAI to sell off a portion of its business, the Financial Times reported.