As per McKinsey, a top consulting firm, generative AI could add $2.6 trillion to $4.4 trillion to the global economy within the next decade. This emerging value and the growth potential of generative AI has also attracted the attention of competition authorities worldwide. In light of their experience in digital markets, competition authorities considered that…
The Digital Markets Act (DMA) became entirely applicable on 7 March 2024 for most gatekeepers. By then, the gatekeepers issued their compliance reports documenting their technical solutions and implementation of the DMA’s provisions under Article 11 DMA as well as their reports on consumer profiling techniques as required under Article 15 DMA. A year later, six gatekeepers…
The Digital Markets Act (DMA) became entirely applicable on 7 March 2024 for most gatekeepers. By then, the gatekeepers issued their compliance reports documenting their technical solutions and implementation of the DMA’s provisions under Article 11 DMA as well as their reports on consumer profiling techniques as required under Article 15 DMA. A year later,…
On 15 January 2025, the European Commission (Commission) adopted a recommendation inviting Member States to review investments made by domestic companies into third countries (so-called “outbound investments”). The recommendation aligns with similar mechanisms adopted in other countries, (e.g. the US Department of the Treasury’s Outbound Investment Security Program), and is part of a broader strategy…
By most indicators, the Generative AI or GenAI ecosystem is a dynamic and competitive space. GenAI is estimated to generate $2.6 trillion to $4.4 trillion in value for the global economy. There has been a substantial influx of venture capital investments backing innovative start-ups. Since ChatGPT launched in 2022, there are now more than 310 large…
Introduction The European Commission is assessing the acquisition of Israeli startup Run:ai by the US tech giant Nvidia upon referral from the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato, AGCM) under Art. 22(1) EUMR. The case is of particular interest, as it raises question of both legal and policy nature. On the…
Deployment of systems of Artificial Intelligence (AI) has become mainstream and popular with small and large economic operators. One of the most raging developments includes services relying on natural language processing (NLP) taking the form of chatbots. In a previous blog post, I explored the opportunities the Digital Markets Act (DMA) provides the regulator to…
As the European Commission prepares for a new mandate under President Ursula von der Leyen later this year, former ECB President Mario Draghi – famous for his “whatever it takes” approach to saving the Euro – has now turned his focus to the future of EU competitiveness in the digital age. His long-awaited report, commissioned…
Europe has been a frontrunner in the regulation of artificial intelligence on a global scale. The adoption of the Artificial Intelligence Act (AI Act) defines one – despite important – step of the puzzle of European policy on AI. After the adoption of the Council last week, such an ambitious approach is still surrounded by…
In light of recent information about new probes under the DMA and the DSA, and the growing interest in enforcement of the draft AI Act, we decided to explore what investigatory powers are available to the European Commission and local authorities under these regulations, and more specifically how the enforcing authorities can conduct dawn raids…
