• insights-banner

    In the press

City AM quotes Gareth Mills on the CMA’s new set of principles for regulating AI

The Competition and Markets Authority (CMA) has set out seven new principles for regulating artificial intelligence and kick started a project to deepen its scrutiny of the fast-developing technology.

Gareth Mills, Partner, provides comment for City AM: 

"The CMA has shown a laudable willingness to engage proactively with the rapidly growing AI sector, to ensure that its competition and consumer protection agendas are engaged as early a juncture as possible.

"The principles contained in the Report are necessarily broad and it will be intriguing to see how the CMA seeks to regulate the market to ensure that competition concerns are addressed. The principles themselves are clearly aimed at facilitating a dynamic sector with low entry requirements that allows smaller players to compete effectively with more established names, whilst at the same time mitigating against the potential for AI technologies to have adverse consequences for consumers.

"The Report itself notes that, although the CMA has established a number of core principles (7), there is still work to do and that stakeholder feedback (both within the UK and internationally) will be required before a formal policy and regulatory position can be definitively established.

As the utilisation of the technologies grow, the extent to which there is any inconsistency between competition objectives and government strategy will be fleshed out."

Read the full article in City AM

Related coverage:

Investing.com, Tech Monitor, Cryptopolitan, Computer WorldVerdict 

Our thinking

  • IBA Annual Conference 2023

    Charlotte Ford


  • Mental Health Management

    Nick Hurley


  • Doing business in the UAE & Israel

    William Reichert


  • Calculating Social Value in BTR

    Francis Ho


  • Dangers of trusts

    Mark Summers


  • The Evening Standard quotes Rose Carey on the increase in visa fees

    Rose Carey

    In the Press

  • Charles Russell Speechlys advises Zenzero’s management team on its majority acquisition by Macquarie Capital

    Mark Howard


  • Updates and points to note in relation to buy-to-let residential properties

    Twiggy Ho


  • Felicity Chapman writes for Insider Media on alternatives to court for divorcing business owners

    Felicity Chapman

    In the Press

  • Investment Week quotes Julia Cox on the proposed scrapping of inheritance tax

    Julia Cox

    In the Press

  • Charles Russell Speechlys expands commercial offering with the appointment of Rebecca Steer

    Rebecca Steer


  • The Times quotes Gareth Mills on the CMA’s preliminary approval of the Activision Blizzard-Microsoft deal

    Gareth Mills

    In the Press

  • Heritage property and conditional exemption

    Sarah Wray


  • The Financial Times quotes Emma Humphreys on UK rental costs

    Emma Humphreys

    In the Press

  • Hamish Perry and Mike Barrington write for The Evening Standard on whether a merger between the CBI and Make UK can work

    Hamish Perry

    In the Press

  • Silicon quotes Gareth Mills on the UK consumer lawsuit against Google

    Gareth Mills

    In the Press

  • Property Week quotes Louise Ward on the additional support required by aspiring UK life sciences operators

    Louise Ward

    In the Press

  • Sarah Higgins and David Wells-Cole write for Wealth Briefing on the pitfalls of using unregulated legal services

    Sarah Higgins

    In the Press

  • Charles Russell Speechlys’ UK offices receive environmental certification

    Kerry Stares


Back to top