FTC, DOJ and Others Issue Joint Statement on AI Competition Issues
Summary
On July 23, 2024, FTC Chair Lina Khan, along with the DOJ, issued a statement affirming a commitment to protecting competition across the AI ecosystem to ensure fair and honest treatment for both consumers and businesses. The joint statement outlined AI competition risks, as well as principles that can help protect competition in the AI ecosystem. All contributors to the joint statement pledged to remain vigilant for potential competition issues and expressed their determination to use available powers to safeguard against unfair competition and deceptive practices in the AI ecosystem.
Impacted Sectors
Additional Information
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