UK competition regulator launches review of AI market

The UK’s Competition and Markets Authority (CMA) has opened an initial review into the market for artificial intelligence systems, looking at the underlying foundational large language models that power chatbots such as ChatGPT alongside the opportunities and risks that AI could present.

In a statement announcing the review, the regulatory body outlined three key areas it will examine: how the competitive markets for foundational models and their use could evolve; the opportunities and risks these scenarios could bring for competition and consumer protection; and what guiding principles should be introduced to support competition and protect consumers as AI models develop.

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