The Justice Department’s Antitrust Division and the Federal Trade Commission participated in the G7 Competition Authorities and Policymakers Summit yesterday and today to discuss how enforcers and policymakers can ensure healthy competition in AI-related technologies, products and applications.
The G7 Industry, Technology and Digital Ministerial Declaration convened the Summit and hosted in Rome by the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato). Principal Deputy Assistant Attorney General Doha Mekki led the Antitrust Division.
“Sharing the United States’ experiences and perspectives and reflecting on best practices alongside international enforcers helps us better apply the U.S. antitrust laws to unlock economic opportunity for the American people,” said Principal Deputy Assistant Attorney General Doha Mekki. “We thank Italy for organizing an exceptional G7 summit and for driving a timely conversation on promoting competition in AI.”
At the conclusion of the summit, G7 competition authorities and policymakers issued a communiqué that highlights potential competition concerns in AI-related markets and identifies guiding principles to apply to ensure healthy competition in AI.
The communiqué also underscores the important role that competition authorities and policymakers have in addressing competitive threats, emphasising that the potential risk of concentrated market power in AI-related markets and possible collusion or improper information sharing using AI technologies necessitate careful vigilance and vigorous and timely competition enforcement.
The G7 competition authorities and policymakers are committed to working to safeguard open and fair competition in digital markets and AI, and to ensure that the benefits of AI are fully realized and widely available in our societies.
