The current Federal Trade Commission (FTC) and some of its European counterparts are seeing competition problems everywhere, even in the future, in markets that are highly competitive and still emerging. Earlier this year, the FTC blasted several companies competing in artificial intelligence (AI) markets with subpoenas under its 6(b) [...]
Earlier this week, the Federal Trade Commission (FTC) received one court’s implicit blessing to overreach on antitrust. The plaintiff had challenged the FTC’s authority to write rules under its antitrust (unfair methods of competition or “UMC”) authority and, against the odds, the judge declined to grant a preliminary injunction. Fortunately, however, [...]
Apple, Google, and other industry leaders have recently announced that several of their highly anticipated AI-driven features will not be available to their European Union (EU) customers at launch due to concerns around the implementation of the Digital Markets Act (DMA) and the General Data Protection Regulation(GDPR). Their announcements underscore [...]
On April 10, Margrethe Vestager, the executive vice-president (EVP) of the European Commission, spoke about AI governance and global technological advancements at an event hosted by the American Enterprise Institute (AEI). In discussing the downstream cybersecurity and content moderation policy implications of the EU’s antitrust actions and the Digital Markets [...]
On March 21, the Department of Justice (DoJ) joined 16 state attorneys general to sue Apple for monopolization of the “performance smartphone” (or if the court doesn’t buy that, the “smartphone”) market. The complaint includes five counts of alleged monopolization that superficially appeal to consumer welfare, the current legal standard. [...]