- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2024-06-03T08:58:00
The Department of Justice’s (DOJ) Antitrust Division is examining how its policies and enforcement mechanisms are suited to handle potential issues brought about by the proliferation of use of artificial intelligence (AI).
Jonathan Kanter, head of the Antitrust Division, delivered remarks at an AI workshop at Stanford on Thursday, during which he said the agency was “actively examining the AI ecosystem both through our policy work … and through our enforcement of the Sherman Act and Clayton Act.”
“If firms in the AI ecosystem violate the antitrust laws, the Antitrust Division will have something to say about it,” he said.
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A hospitality company agreed to pay $3.5 million and appoint an anti-trust compliance officer to settle allegations by the Department of Justice that it engaged in illegal pre-merger activity.
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The U.K. has pressed pause on artificial intelligence regulation as its government comes under twin pressures from those who fear the growing power of unregulated AI and the overriding need to generate growth. The postponement of long-expected legislation means that the U.K. is left sitting on the fence between federal ...
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A small band of Senate Democrats is calling on the Trump administration to reinstate the cryptocurrency investigations unit at the Department of Justice (DOJ).
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