The Competition and Markets Authority (CMA) has submitted its response to the government's white paper: AI regulation: a pro-innovation approach. The CMA supports the government's plan to build on existing regulatory regimes while establishing a central coordination function, which it believes will enable the context-specific regulation methods the government seeks. Furthermore, the CMA supports the idea of the principles being initially placed on a non-statutory footing and is considering how each principle will apply to our existing and future remit. The CMA also appreciates the need for a central coordination function as well as the importance of cross-regulatory coordination and coherence, something it is actively pursuing through the Digital Regulation Cooperation Forum (DRCF). Finally, the CMA confirmed its commitment to supporting AI innovators and will work with the government to establish a cross-regulatory AI sandbox or testbed through the DRCF.
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