UK watchdog worries about tech giants’ AI market control

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UK watchdog worries about tech giants’ AI market control
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U.K.’s CMA raises alarms over Big Tech’s AI dominance. GAMMA firms like Google, Amazon, Microsoft, Meta, and Apple control the AI chain, sparking competition concerns. CMA flags risks in FM partnerships and urges vigilance in merger reviews.

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The Competition and Markets Authority in the United Kingdom has expressed concerns over Big Tech’s increasing dominance in the advanced AI sector, with CEO Sarah Cardell expressing “real concerns” over the industry’s development.on April 11, the CMA highlighted the increasing interconnection and concentration among developers in the cutting-edge tech sector, which is fueling the surge in generative AI tools.

While acknowledging the potential benefits of partnership arrangements in the tech ecosystem, the regulator also cautioned against the risks posed by dominant partnerships and integrated firms, which may undermine competition in open markets.

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