Regulatory bodies worldwide are tightening their oversights, as seen in the US with lawsuits against tech giants and an FTC intervention in Omnicom's acquisition of Interpublic Group. In Japan, multiple firms face hefty fines for bid-rigging related to the Tokyo 2020 Olympics. Meanwhile, Apple explores AI acquisitions amidst shareholder lawsuits alleging misleading statements about AI advancements. A federal judge's ruling for Anthropic underscores the legal implications for AI firms using copyrighted material, setting a precedent for future AI-related legislation and practices.
The FTC's intervention reflects growing concerns over anticompetitive practices in the advertising market, particularly regarding Omnicom's $13.5bn acquisition of Interpublic Group.
In a significant ruling, a federal judge's decision in favor of Anthropic highlights the legal complexities surrounding AI's use of copyrighted material in training.
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