AI & Market Competition - Antitrust Issues & More

Introduction

Competition enforcement agencies around the world are studying the potential impact of artificial intelligence (AI) on market competition.

As these enforcement agencies dig deeper and study AI-related activities in the market, questions inevitably will arise and competition uncertainty will likely increase. Questions about whether it is possible for companies to use AI as a means of colluding, with limited or no human involvement, are likely to proliferate. As questions multiply, regulatory scrutiny and competition-related risk are also likely to increase.

This short webinar will discuss the potential antitrust issues arising from the use of AI under EU and UK competition laws.

What You Will Learn

This webinar will consider the following:

• What creates the risk?
• Pricing algorithms and collusion implications for EU antitrust compliance - what are the compliance challenges for companies using price matching and monitoring algorithms or implementing blockchains to implement smart contracts, particularly companies in markets with only a few large competitors?
• AI and the future of the Digital Single Market - competition issues
• Avoiding potential exploitation of market power (through discrimination and bias) or foreclosure of competitors
• Enhanced competition - the enforcement agencies view
• Where to draw the line? Defining a benchmark for illegality
• Who is liable for the decisions and actions of AI?

This webinar was recorded on 14th March 2024