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ARTICLE · 10 OCTOBER 2023

UK Antitrust Regulator Outlines Guiding Principles For AI Foundation Model Market

Cooley LLP
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Like many regulators across the globe, the UK Competition and Markets Authority (CMA) has been hypervigilant in watching the development of the artificial intelligence (AI) foundation model market.

United KingdomAntitrust/Competition Law
Caroline Hobson
Caroline Hobson
Leo Spicer-Phelps
Leo Spicer-Phelps
Anna Caro
Anna Caro
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Like many regulators across the globe, the UK Competition and Markets Authority (CMA) has been hypervigilant in watching the development of the artificial intelligence (AI) foundation model market.

Following a five-month initial review into the market launched earlier this year, the CMA published its initial report on the UK market for AI foundation models on 18 September 2023.

The report outlines a series of proposed guiding principles for the AI foundation model market, which will be relevant to any organisations that are developing or deploying foundation models in the UK.

Supported by an overarching principle of 'accountability' for outputs created by AI systems, the CMA's proposed guiding principles focus on three key areas:

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