NextGen Competition logo

Letters

Competition Advocates Cheer FTC Probe into Big Tech's AI Startup Investments

The monopolization of AI by Big Tech harms competition, jeopardizes consumer rights, privacy, and ethical AI advancement.

Feb 07, 2024

NextGen Competition led a letter applauding the Federal Trade Commission’s investigation into generative AI investments by Big Tech companies, including Alphabet, Amazon, and Microsoft. The investigation follows similar ones announced in the European Union and United Kingdom. These investigations stem from Microsoft’s growing alliance with OpenAI.