Two views on regulating competition in generative AI

The use of generative AI (GenAI) exploded by the end of 2022. Now, just one year later, EU lawmakers are already calling for the regulation of competition (or the lack of it) in the GenAI market. In this short article, we take a closer look at the regulatory debate. We start with a snapshot of the GenAI industry as it exists at the end of 2023 (Section 1). Then, we consider two regulatory paths: one of intervention, the other of non-intervention, examining the arguments pro and contra each approach (Section 2) before concluding (Section 3).