Still, the United States lags behind Europe in regulating artificial intelligence.
The move to divvy up the industry mirrors a similar agreement between the two agencies in 2019 to divide enforcement against Big Tech, which ultimately saw the FTC bring cases against Meta and Amazon and the DOJ sue Apple and Google for alleged violations. Those cases are ongoing and the companies have denied wrongdoing.
The regulators struck the deal over the past week, and it is expected to be completed in the coming days, the person said. The agreement between the two regulators comes after the FTC in January ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
The DOJ and FTC, led by Chair Lina Khan, share jurisdiction to enforce federal competition law but avoid duplicative investigations.
Source: News Formal (newsformal.com)
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