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New Businesses: Artificial Intelligence

Question for Department for Business, Energy and Industrial Strategy

UIN HL1619, tabled on 12 February 2020

To ask Her Majesty's Government what steps they are taking, if any, to ensure that UK-based artificial intelligence start-ups are not acquired by dominant market players.

Answered on

24 February 2020

Under the Enterprise Act 2002, consideration of the competition aspects of mergers and takeovers in the UK is handled by the independent Competition and Markets Authority or, in some cases during the Transition Period, the European Commission.

In March last year, the Digital Competition Expert Panel, led by Professor Jason Furman, made a series of recommendations for how the UK’s competition framework can face the challenges posed by digital markets. The Government welcomed this report and is carefully considering the Panel’s recommendations. The Government will respond in due course.