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1714015
registered interest false more like this
date less than 2024-04-25more like thismore than 2024-04-25
answering body
Department for Science, Innovation and Technology more like this
answering dept id 216 more like this
answering dept short name Science, Innovation and Technology more like this
answering dept sort name Science, Innovation and Technology more like this
hansard heading Artificial Intelligence: Competition more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government, following concerns raised by the Competition and Markets Authority about potential 'over-dependence' on a small number of major tech firms in the AI industry, what steps they are taking (1) to promote competition, and (2) to prevent monopolistic practices, within the AI sector. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL4122 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-05-10more like thismore than 2024-05-10
answer text <p>The Government is committed to ensuring that digital markets work well for businesses and consumers. It will be for the CMA in the first instance as the independent regulator to decide how to exercise its powers to address any competition issues in digital markets as they develop.</p><p> </p><p>The Digital Markets, Competition and Consumers Bill will give the CMA new, faster and more effective tools to identify and address competition issues in digital markets, including AI markets. These will apply where it finds firms have substantial and entrenched market power and a position of strategic significance in one or more digital activities. Subject to Parliamentary timings, the Bill is on track to receive Royal Assent in Spring, and we expect the regime will come into force in Autumn this year.</p> more like this
answering member printed Viscount Camrose more like this
question first answered
less than 2024-05-10T10:05:35.657Zmore like thismore than 2024-05-10T10:05:35.657Z
answering member
4939
label Biography information for Viscount Camrose more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this