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CMA signs joint international statement in support of competition in AI
As artificial intelligence continues to develop at high speed, the European Commission, the UK Competition and Markets Authority (CMA), the US Federal Trade Commission and the US Department of Justice have signed a joint statement establishing common principles to protect competition and consumers.
The statement affirms their shared view that AI, particularly powerful core models, has the potential to drive innovation and growth, and bring about positive and transformative changes in the way we live and work. The statement also acknowledges that these technologies may pose certain risks to competition and consumers that, if they materialize, will require action before they become permanent or irreversible harm.
The agencies identified fairness, interoperability, and choice as key principles to support competition, protect consumers, and help businesses innovate and thrive. Recognizing the global nature of these markets, they also agreed to share an understanding of the issues that arise in these markets. The agencies will use their respective authorities to address potential competitive risks posed by basic AI models, such as the concentration of control over key inputs needed to develop the technology and the potential for businesses to consolidate or expand their market power in AI-related markets.
Sarah Cardell, CMA Chief Executive, said:
AI is a borderless technology that has the potential to drive innovation and growth, bringing transformative benefits to people, businesses and economies around the world. That is why we have come together with our partners in the EU and the US to express our commitment to help ensure that fair, open and effective competition in AI drives growth and positive change for our societies.
This statement marks the latest step in the CMA’s work on AI core models. In April 2024, the CMA published an update that sets out six principles to support competition and consumer protection as AI core models continue to be developed and deployed.
Notes to editors:
- The full text of the statement was published on the CMA website.
- The statement signed by the CMA does not change its merger review process with respect to its AI partnership cases. Further information can be found on the relevant case pages: Microsoft / OpenAI, Microsoft / Inflection or Amazon / Anthropic.
- For media enquiries contact the CMA press office on 020 3738 6460 or [email protected].
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Sources 2/ https://www.gov.uk/government/news/cma-signs-joint-international-statement-supporting-competition-in-ai The mention sources can contact us to remove/changing this article |
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