United Kingdom: Closed consultation on CMA review of competition in artificial intelligence models

On 2 June 2023, the public consultation closed on United Kingdom Competition and Markets Authority (CMA review of competition in artificial intelligence models, referred to as foundation models. In its review, the CMA aims to investigate the sector and identify the number of entities involved in the development of foundation models and evaluate whether foundation models have the potential to challenge or strengthen the dominant position of the largest firms. Furthermore, the CMA aims to examine potential barriers for new entities to enter the sector, including their access to requisite data, funding and computational resources. Finally, the CMA aims to investigate the impact of the foundation models on other markets, such as search and productivity software, and the tendency of entities to develop more open or closed ecosystems when incorporating AI systems.