US Federal Agencies Target Live Entertainment Market Washington D.C. – The United States Justice Department (DOJ) and the Federal Trade Commission (FTC) have jointly initiated a significant public inquiry aimed at scrutinizing competition within the live concert and entertainment industry. The federal agencies are seeking to identify and address what they term “unfair and anticompetitive…
Introduction In a significant move signaling heightened regulatory scrutiny over the burgeoning artificial intelligence landscape, the U.S. Federal Trade Commission (FTC) officially announced on Friday, February 22nd, the initiation of a formal investigation into the data sourcing and utilization practices of major technology firms developing generative AI models. This probe targets fundamental questions surrounding how…
Regulatory Spotlight Falls on AuraTech AuraTech, the cutting-edge technology firm co-founded by global music sensation Nova Bloom, finds itself under intense regulatory scrutiny. The company confirmed on Wednesday, January 23rd, that it is the subject of an official investigation initiated by the Federal Trade Commission (FTC), the primary federal agency responsible for consumer protection in…
FTC Issues Landmark Transparency Rules for AI Training Data Washington, D.C. – The U.S. Federal Trade Commission (FTC) today announced the issuance of stringent new guidelines that will significantly alter the landscape for developers of large language models and generative AI systems. At the core of the new directive is a mandate requiring these companies…
