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TMT weekly briefing: AI regulation and competition; Ofcom actions (TikTok, telecoms pricing, consultations); data protection and consent-or-pay; media and Channel 4 - UK and EU updates (25 July 2024)

Published on: 25 July 2024

Published by a LexisNexis TMT expert
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New technologies

European Commission publishes information on the AI Pact

The European Commission has shared details on the AI Pact. Following a call for interest in November 2023, the AI Office has moved forward with the Pact’s development, built on two pillars: ‘Pillar I: gathering and exchanging with the AI Pact network’ and ‘Pillar II: facilitating and communicating company pledges’. The AI Office is preparing the pledges; a final text will be unveiled and debated at a workshop in September 2024, with the goal of securing official signatures on the pledges in the latter half of September.

See: LNB News 22/07/2024 89.

Joint statement on AI and competition highlights benefits and potential risks

The European Commission, the Competition and Markets Authority (CMA), the US Department of Justice and the US Federal Trade Commission have issued a joint statement on competition relating to generative AI (GenAI) foundation models and AI products. The joint statement also highlights benefits and potential risks in relation to generative AI foundation models and AI products too...

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