Credit: malisa/Adobe Stock Antitrust Enforcers Race to Stay Ahead of AI's Skynet Problem
"What we'll see is that AI gets better and better and the companies that make it and sell it get more and more sophisticated, and it's harder and harder to say there's collusion," said UC Law San Francisco professor Joshua Davis.
February 16, 2024 at 08:03 AM
8 minute read
Antitrust
What You Need to Know
- AI makes it easier to coordinate prices, and harder to prove collusion.
- The DOJ has launched Project Gretzsky to help prepare antitrust enforcers for the AI challenges ahead.
- Sen. Amy Klobuchar is lining up bipartisan support for a bill that would update antitrust law to combat AI-powered collusion.
Lawmakers and antitrust enforcers fear that AI price-setting tools are supercharging tacit collusion among companies—yet another thorny competition problem posed by rapid advances in artificial intelligence that outmoded antitrust laws aren't equipped to handle.
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