EU updates Digital Markets Act to cover cloud and AI - NewsBytes

The European Union's antitrust regulators are poised to rewrite the rules governing cross-border mergers, launching a public consultation on proposed revisions to the EU Merger Regulation that could significantly alter the calculus for assessing horizontal and vertical market dominance. The updated guidelines are expected to introduce new metrics for evaluating market concentration and potential competition impacts. A final decision is slated for 2025. AI-assisted, human-reviewed.

Negotiations on amendments to the EU AI Act have stalled due to disagreements over proposed changes, but the legislative deadline remains unchanged. This delay could impact businesses and regulators relying on timely AI governance rules. AI-assisted, human-reviewed

Experts predict a new code for AI Act compliance will become the industry standard, as companies seek to meet regulatory requirements and avoid potential penalties. This shift is expected to impact businesses across the EU, particularly those heavily reliant on AI technology. AI-assisted, human-reviewed.

European policymakers are facing challenges in establishing clear guidelines for AI liability, which could impact various industries and individuals who rely on AI technologies. This uncertainty may hinder innovation and create difficulties for those affected by AI-related incidents or damages. AI-assisted, human-reviewed.

The EU AI Act introduces strict regulations on AI-driven hiring tools, requiring transparency and fairness in graduate recruitment processes. This impacts employers and job seekers in the EU by ensuring unbiased hiring practices. AI-assisted, human-reviewed

The EU AI Act introduces strict regulations on AI-driven hiring tools, potentially limiting their use in graduate recruitment. Employers and job seekers in the EU may face stricter compliance requirements and reduced automation in hiring processes. AI-assisted, human-reviewed