On September 18th, 2023, the UK Competition and Markets Authority (CMA) released an initial report outlining proposed principles to promote competition and safeguard consumers in rapidly growing artificial intelligence markets. The CMA proposed seven principles to ensure AI foundation model development and use preserve effective competition while minimising consumer harm. The principles include accountability, access, diversity, choice, flexibility, fair dealing, and transparency.
While the report focuses on questions surrounding AI competition, the CMA pointed out that being early to release AI foundation models is no guarantee of success, as failures to comply with privacy regulations could become learning opportunities for organisations developing future models.
What is this page?
You are reading a summary article on the Privacy Newsfeed, a free resource for DPOs and other professionals with privacy or data protection responsibilities helping them stay informed of industry news all in one place. The information here is a brief snippet relating to a single piece of original content or several articles about a common topic or thread. The main contributor is listed in the top left-hand corner, just beneath the article title.
The Privacy Newsfeed monitors over 300 global publications, of which more than 4,350 summary articles have been posted to the online archive dating back to the beginning of 2020. A weekly roundup is available by email every Friday.
