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Usman Sheikh

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In Artificial Intelligence

Canada: Competition Bureau maintains a watchful eye on AI

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In brief The Canadian Competition Bureau (the “Bureau“) continues to focus on the intersection between artificial intelligence (“AI“) and competition law. Earlier this fall, the Bureau hosted the Competition Summit 2024: Market Dynamics in the AI Era, which provided insight into how AI will impact Canadian competition law policy and enforcement, and has released a report summarizing key take-aways. Through investments in its own capabilities and collaboration with domestic and international partners, the Bureau also remains…

In Artificial Intelligence

Canada: Competition Bureau seeks comments on the effects of artificial intelligence on competition

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In brief The Canadian Competition Bureau (“Bureau”) has announced a significant initiative to explore the impacts of artificial intelligence (“AI”) on competition in Canada. On 20 March 2024, the Bureau published a discussion paper, entitled “Artificial intelligence and competition” (“Discussion Paper”), and has requested feedback from the public. The Bureau is seeking to better understand how AI can affect competition in Canada. It is also seeking to determine how it can better prepare to address…

In Artificial Intelligence

Recent SEC Actions Highlight Increased Regulatory Scrutiny over Artificial Intelligence and “AI Washing”

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On March 18, 2024, the United States Securities and Exchange Commission (the “SEC“) announced that it settled charges against two investment advisers for making false and misleading statements about their purported use of artificial intelligence (AI). This SEC enforcement action marks the latest efforts by securities regulators to combat the adverse effects of “AI washing” and confirms that AI, and particularly “AI washing”, is at the forefront of securities regulators’ minds. What is “AI washing”? “AI washing”…