Recently, the Group of Seven (G7) held a two-day summit of competition authorities and policymakers in Rome, focusing on fair competition and innovation issues in the artificial intelligence market, with the aim of promoting the healthy prosperity of the AI market.

The summit was convened by the G7 Ministerial Declaration on Industry, Technology, and Digital, hosted by the Italian Competition Authority as the rotating chair. Senior officials from the US Federal Trade Commission (FTC), the Department of Justice's Office of Antitrust (DOJ), as well as competition authorities and policy makers from G7 member countries also attended the summit. The meeting deeply analyzed the competitive landscape of the AI market and focused on discussing itGenerative AIChallenges related to GenAI.

The meeting pointed out that the monopoly position of large enterprises in the field of AI technology may hinder emerging companies from entering the market and reduce competitive vitality. At the same time, these enterprises may use bundling sales and other means to increase entry barriers for small businesses, damaging consumer choice. In addition, powerful digital market enterprises may expand their influence into the AI field, creating new barriers to entry. The complex partnership between large enterprises and AI companies may also allow them to avoid antitrust scrutiny and further consolidate their market position. The use of AI may also promote collusion among enterprises, increase market manipulation risks, and affect multiple social aspects such as innovation, consumer decision-making, and privacy protection.

In response to the above issues, the meeting has established a series of guiding principles. The principle of fair competition aims to maintain market competitiveness and prevent technology giants from hindering the development of emerging companies; The principle of fair access aims to lower market entry barriers and ensure equal participation of all enterprises in the AI ecosystem. At the same time, the principle of interoperability promotes the openness of technical standards, reduces market lock-in, and enhances technical compatibility; The principle of innovation encourages the development of new technologies and business models, promoting economic growth. The principles of transparency and accountability emphasize the transparent use of AI technology, ensuring that users are aware of relevant risks and clarifying the responsibility of enterprises for AI systems. In addition, it is necessary to protect consumers' right to information and choice, so that they can make wise decisions in a variety of products.

At the end of the summit, FTC Chairman Lina M. Khan and other representatives jointly issued a communiqu é, which analyzed in detail the competitive situation in the AI market and emphasized the importance of the above guiding principles. The proposal of these principles is not only a response to the challenges of rapid technological development, but also a signal that countries will pay more attention to the regulation and governance of AI technology, in order to achieve harmonious development between technology and society.

This summit is of great significance in promoting fair competition and innovation in the AI market, providing a solid foundation for G7 member countries to jointly address the market competition and regulatory challenges brought by AI technology. At the same time, these principles will also provide useful references for other countries and regions in regulating the AI market, and help promote the healthy and stable development of the global AI market.