DOJ antitrust head warns dealmakers not to mislead on AI

Companies face a warning from the US Justice Department's antitrust chief. He states that claims of artificial intelligence disruption as a defense in merger reviews must be supported by actual evidence. Merging parties are encouraged to engage ...

DOJ antitrust head warns dealmakers not to mislead on AI
The U.S. Department of Justice's antitrust head on Thursday warned companies against trying to misleadingly use artificial intelligence disruption as ‌a ⁠defense in ⁠merger reviews without providing evidence.

Acting ​Assistant Attorney General Omeed Assefi oversees the ​DOJ's work reviewing mergers and said that merging parties ​are welcome to ⁠engage with ‌his division at ​any point ​in the process.

However, "we ⁠know when you are trying to ​mislead us," he said at ​an event at New York University.


"We know you will be tempted to tell us that AI is ‌replacing your industries. We get it. We hear that ​a ​lot. For ⁠us to take it seriously, we expect it to be backed up ​with actual evidence," he said, according to a copy of prepared remarks.
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