The AI industry is often called “fast-moving,” but rarely has it moved as fast as it did last week. Over the previous weekend, Chinese startup DeepSeek released an AI assistant app powered by its new R1 model that quickly overtook ChatGPT atop the App Store charts. Thanks to efficiencies [...]
Authors both in support of and opposed to outgoing Federal Trade Commission (FTC) Chair Lina Khan’s aggressive antitrust agenda often liken her pursuit of Amazon to Captain Ahab’s obsession with the infamous white whale in Moby Dick. For those who have not followed the saga, it may seem like [...]
Late last year, we observed that the Department of Justice’s (DoJ’s) proposed remedies in its lawsuit targeting Google search went much further than necessary. We pointed out that if adopted by the Court, they would amount to a significant intervention into a number of markets that ACT | The [...]
Last month, the European Commission issued “preliminary findings” regarding Apple’s iOS operating system, publishing a set of sweeping proposed measures for Apple to fully comply with the Digital Markets Act (DMA). The proposed measures primarily implement Article 6(7)’s interoperability mandate, applying the provision inflexibly to 11 iOS features, mandating [...]
Reading into the recent rhetoric from some competition authorities, one might come away with the impression that the AI ecosystem is dominated by a handful of companies working to corner the market and entrench their positions. For example, the UK’s Competition & Markets Authority (CMA), in its April 2024 [...]