MLex

🌏 The American Bar Association Antitrust Law Section convened the latest event in its Global Seminar Series in Sydney yesterday. 🤝 With the conference bringing together a plethora of pre-eminent speakers to discuss #competition, #consumerprotection and #dataprivacy — key areas of reporting for MLex — James Panichi and Ryan Cropp from our editorial team in Australia were on site for the gathering. 🔓 We've now ungated a short article by Ryan containing insights from Liza Carver of the ACCC and Judge Michael Wigney on the day ⬇ https://lnkd.in/eJ7_9Z94

🔎 'South Korea was an early starter in the development of artificial intelligence but now fears losing the race as countries outside the US and China are fast catching up with multi-billion-dollar support packages, South Korea's most influential #AI expert at Naver warned. Ha Jung-woo, who heads the tech giant's AI development operations, recommended during an interview with MLex that the government and parliament focus on legislating lower-level laws to promote the AI industry and educate users, rather than spending time and energy trying to enact an all-encompassing basic AI law. He said Naver is pushing for the concept of "sovereign AI" as a business model and has already scored some success in winning contracts from countries concerned about technological dependence on superpowers.' Access newly ungated analysis from Choonsik Yoo now ⬇ https://lnkd.in/e9z_gxqm

📢 In case you missed it, earlier this month MLex reported that EU imports of Russian gas increased in the first half of 2024 compared to the same period last year, contradicting the European Commission’s objective to stop funding Russia’s war in Ukraine with the bloc’s fossil-fuel purchases. 🔓 Read the newly ungated, data-driven exclusive from Stefano Porciello now ⬇ https://lnkd.in/ebtW6iWh

🔎 'A US judge and antitrust enforcers at the U.S. Department of Justice now have the delicate task of designing an appropriate remedy to right the wrongs caused by Google's monopoly and inject competition back into the Internet search services market. The DOJ has multiple potential remedies available to pitch to the judge, including banning Google from entering any exclusivity deals. But if District Judge Amit Mehta decides Google also needs to be hived off into smaller entities, the 132-year-old breakup of Standard Oil and the 40-year old split of AT&T into seven parts can provide a blueprint.' Access in-depth analysis from Khushita Vasant now ⬇ https://lnkd.in/emW9TNXe

🔎 'In recent months, Australia’s antitrust legal fraternity has been up in arms over what it sees as a lack of “procedural fairness” in the country’s new, soon-to-be-legislated merger-control regime. In the current policy environment, though, they may be wasting their breath. With the government actively promoting an ambitious new industrial policy agenda as the economic centerpiece of its reelection strategy, the move to an administrative merger regime may be better understood as a local manifestation of a wider global shift towards greater state intervention in key industries and markets.' In case you missed it, we've now ungated this deep dive from Ryan Cropp ⬇ https://lnkd.in/ed7e8fBK #antitrust #competitionlaw #mergers #mergercontrol

🔎 'Meta Platforms' $1.4 billion settlement with the Texas attorney general over its use of facial-recognition technology drew attention because of the unprecedented size of the privacy settlement with a state regulator. But the settlement agreement also includes a new “notice and dispute resolution” system that would give Meta legal certainty going forward for how it could use biometric data without running afoul of Texas biometric privacy laws.' 🔓 Access in-depth analysis from Mike Swift on the fine print of the settlement now ⬇ https://lnkd.in/eA__nSN2

🔎 'Dominant companies engaging in exclusive dealing, aggressive pricing and certain forms of tying will face a stiffer test to fend off EU competition enforcers now the European Commission has unveiled draft guidelines designed to draw clearer categories of harmful conduct. The 55-page overview of dominance law will be contentious among large companies, which have pushed the EU regulator to prove — and not just presume — their behavior hurts competition.' 🔓 Access ungated analysis from Lewis Crofts and Nicholas Hirst now ⬇ https://lnkd.in/eRAnYX2w

💻 Federal legislation targeting the spread of illegal deepfakes made with artificial intelligence should provide a safe harbor to encourage social media and other online platforms to take them down, the US Copyright Office has suggested. Access the full story from MLex senior correspondent Xu Yuan now ⬇ https://lnkd.in/excpBNHh #AI #artificialintelligence #deepfakes #socialmedia

📺 If you missed MLex Managing Editor for Europe Kait Bolongaro on the latest episode of Euronews #BrusselsMyLove, discussing Kamala Harris upending the US presidential campaign, the situation in Ukraine and the start of the Paris Olympics, you can watch back now ⬇ https://lnkd.in/dVmrp7cf #EUpolitics #USPolitics #Ukraine #Paris2024 #Olympics #trade #Trump #Harris #Biden

📢 The Competition Litigation Conference returns to London on Friday 20 September, hosted by MLex, Freshfields Bruckhaus Deringer and Brick Court Chambers. We're thrilled to confirm keynote addresses from Mr Justice Michael Green and Jessica Radke, Deputy General Counsel at the Competition and Markets Authority. 🎤 With panels moderated by Lewis Crofts, Natalie McNelis, Simon Zekaria and Robert McLeod, the event will feature a host of prominent legal speakers discussing: 🔎 Antitrust litigation — the year in review 🔎 Economics in the dock  🔎 Collective and other representative proceedings 🔎 Digital markets 📅 20 September 2024 🕣 08:30 - 17:30, followed by drinks reception 🎫 Purchase your tickets now at the link below ⬇ https://lnkd.in/dggCezrk #antitrust #competition #litigation