AI and competition law

Algorithms have been in the spotlight of competition authorities for some time.

But now the discussion has moved to Foundation Models and Generative AI and the potential competition challenges that they raise, in particular several partnerships between big Tech and companies active in AI. These transactions normally do not fulfil the conditions of being considered an acquisition and therefore reviewable by a competition authority. There are already several cases which Paolo Palmigiano discusses in this presentation.

We are also seeing acqui-hires where a company is bought not for its products but rather its people. Most competition authority’ concerns arise from the lessons from Big Tech. When they started intervening, it was too late and the market had already tipped in favour of certain players. So what are the current competition issues in AI and how to address them? Paolo explores it in this presentation.