On January 25, 2024, the Federal Trade Commission (FTC) hosted a summit focused on the impact of artificial intelligence (AI) on consumers and competition in the technology sector. Comprising three panel discussions and related commentary from the Commissioners, the Summit focused on the need to promote an open, competitive landscape while protecting consumer safety and data privacy. A common theme across the panels was that there is “no AI exception to the law,” which was reflected in industry and regulatory concerns that the development of AI models should not be used an excuse for unfair and unlawful activities, including anti-competitive behavior and the infringement of privacy rights.
