This podcast explores the relationship between AI and competition law. Around the world, competition agencies are investigating AI partnerships and producing reports to assess how AI affects market power and innovation. There are concerns that established companies might use their resources to dominate the AI sector, while regulators are also weighing the productivity and economic growth benefits that AI can bring. Currently, the regulatory approach focuses on principles like openness and fairness instead of strict rules, which creates uncertainty and delays in launching AI products. Additionally, regulators are keeping an eye on traditional competition issues, such as collusion and unfair consumer practices that AI might enable. International cooperation is essential but still a work in progress, with efforts underway to align different approaches. As the AI landscape continues to evolve rapidly, we can expect ongoing regulatory adjustments and interventions.
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