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Law
Competition Policy
  • News announcement
  • 23 July 2024
  • Directorate-General for Competition
  • 1 min read

Joint Statement on Competition in Generative AI Foundation Models and AI Products

Margrethe Vestager, Executive Vice-President and Competition Commissioner, European Commission
Sarah Cardell, Chief Executive Officer, U.K. Competition and Markets Authority
Jonathan Kanter, Assistant Attorney General, U.S. Department of Justice
Lina M. Khan, Chair, U.S. Federal Trade Commission

Working in the interests of fair, open, and competitive markets

As competition authorities for the European Union, the United Kingdom and the United States of America, we share a commitment to the interests of our people and economies. Guided by our respective laws, we will work to ensure effective competition and the fair and honest treatment of consumers and businesses. This is grounded in the knowledge that fair, open, and competitive markets will help unlock the opportunity, growth and innovation that these technologies could provide.

Read the Joint Statement

Details

Publication date
23 July 2024
Author
Directorate-General for Competition