DOJ and FTC Seek Continued EU Collaboration on Tech Enforcement
U.S. and European officials should continue sharing enforcement strategies to keep pace with the tech sector and AI-related matters, U.S. and EU competition enforcers said Wednesday. DOJ Antitrust Division Chief Jonathan Kanter, FTC Chair Lina Khan and European Commission Executive…
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Vice President Margrethe Vestager met in Washington, D.C., for the fourth session of the U.S.-EU Joint Technology Competition Policy Dialogue. Khan said in a statement: “As businesses move at breakneck speed to build and monetize AI and algorithmic decision-making tools, engaging with our international partners and sharing best practices will be especially critical.” Kanter said the growth of “data monopolies” and AI’s “rapid expansion” increase competitive threats from “digital gatekeepers.” Vestager said the tech sector raises “global challenges” related to AI and cloud computing: “It is essential to anticipate and address such challenges through close cooperation, leveraging our respective experiences for the benefit of consumers and businesses on both sides of the Atlantic.”