United States of America: FTC Issues Section 6(b) Orders to Five Companies for Information on AI Investments and Partnerships
Description
FTC Issues Section 6(b) Orders to Five Companies for Information on AI Investments and Partnerships
On 25 January 2024, the Federal Trade Commission (FTC) issued orders to five companies, including Alphabet, Inc., Amazon.com, Inc., Anthropic PBC, Microsoft Corp., and OpenAI, Inc., requiring them to provide information on recent investments and par…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
ML and AI development, infrastructure provider: cloud computing, storage and databases
Implementation Level
national
Government Branch
executive
Government Body
competition authority