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KFTC flags AI competition concerns, plans deeper dive into data, partnerships

By Jenny Lee ( December 17, 2024, 06:42 GMT | Insight) -- South Korea's competition watchdog released its first comprehensive policy report on the country's generative artificial intelligence market today, analyzing market dynamics and outlining plans to strengthen oversight, particularly concerning data practices and business partnerships. Titled "Generative AI and Competition," the report by the Korea Fair Trade Commission is based on extensive surveys of some 50 companies spanning the AI value chain, along with consultations with experts from industry, academia and research institutions. It particularly focuses on developments following ChatGPT's debut in 2022, which has dramatically reshaped the competitive landscape.South Korea's competition watchdog released its first comprehensive policy report on the country's generative artificial intelligence market today, analyzing market dynamics and outlining plans to strengthen oversight, particularly concerning data practices and business partnerships....

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