Antitrust Challenges to Artificial Intelligence Part 1

This conversation took place at the IPWatchdog Artificial Intelligence Masters™ 2024 program in March of 2024.

Antitrust enforcement agencies and private plaintiffs are gearing up to challenge allegedly anticompetitive applications of artificial intelligence (AI) technology. Much attention is focusing on the use of algorithms to promote collusion and raise prices. Concerns are also being expressed about potential anticompetitive mergers involving AI assets (cloud computing in particular) and the misuse of AI by digital platforms to obtain or strengthen monopolies.

Meanwhile, the Biden administration’s Oct. 30 “Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” establishes a blueprint for heightened regulation to deal with theorized problems stemming from the growing use of AI by economic actors. This AI order threatens to impose excessive regulatory costs that would harm the American economy and undermine competitive forces.

Our expert speakers will give in-house big tech perspectives on the challenges ahead; provide insights on the thinking of US antitrust enforcers; and provide a big-picture Capitol Hill perspective on potential congressional action that may lie ahead.