Antitrust & Trade Reg.
Jun. 7, 2024
AI industry probe is FTC's attempt to get ahead of the boom
New rules published by the FTC mean the scope of conduct that can be considered as anti-competitive is much broader than it has previously been.
A looming investigation into whether players in the artificial intelligence space have committed incipient violations of antitrust regulations is an attempt by regulators to not be caught "asleep at the wheel" while the tech booms, legal experts say.
Multiple media reports Thursday stated that the Federal Trade Commission and the Department of Justice are on the precipice of launching a joint investigation into Microsoft Corp., Nvidia Corp. and OpenAI Inc. It's under...
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