GovWire

The competition authorities of the United Kingdom, European Union and the United States of America have published a joint statement on competition in generative AI foundation models and AI products, setting out their joint commitment to working together to protect competition and consumers.

The statement sets out key principles to support competition, protect consumers and help businesses to innovate and thrive.

The statement marks the latest step in the CMAs work on AI foundation models.

In April 2024, the CMA published an update which set out six principles to support competition and consumer protection as AI foundation models continue to be developed and deployed.