- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2019-10-22T17:06:00
An antitrust investigation into Facebook led by the New York Attorney General’s office widened with the announcement that 47 attorneys general are now taking part.
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The Department of Justice’s top antitrust official warns tech giants the government is being “extra vigilant” about sniffing out anticompetitive behavior deriving from mass data collection, mindful of its harmful effects on both users and competitors.
The Department of Justice has announced the formation of the new Procurement Collusion Strike Force, which will focus on deterring, detecting, investigating, and prosecuting antitrust crimes.
The Federal Trade Commission’s Office of Policy Planning is making the identification of Big Tech companies’ anticompetitive behavior and how to remedy it a top priority.
Data governance has become a key concern for companies, especially when the EU AI Act and General Data Protection Regulation have put a premium on handling data responsibly and ensuring that artificial intelligence does not cause harm.
The era of artificial intelligence adoption is testing the old ways of doing compliance, underscoring the need for continuous monitoring. Compliance isn’t a one-and-done activity, but sometimes organizational incentives and goals fail to prioritize the importance of this.
While companies are exploring and building artificial intelligence technology, lawmakers and regulators are trying to identify what ground rules they need to set. These guardrails are what companies and governments alike believe are essential parts of ensuring safe and responsible use of the technology.
