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The FTC has officially begun a review of Amazon’s $1.7 billion takeover of robot vacuum maker iRobot to decide if the deal violates antitrust law, and the companies are bracing for a potentially ...
"Using AI tools to trick, mislead, or defraud people is illegal," FTC Chair Lina M. Khan said. "The FTC’s enforcement actions make clear that there is no AI exemption from the laws on the books.
DoNotPay, a company that claimed to offer the “world’s first robot lawyer,” has agreed to a $193,000 settlement with the Federal Trade Commission, the agency announced on Tuesday.
The FTC estimated that the scheme defrauded customers of at least $25 million. UPDATE: Sep. 25, 2024, 11:55 a.m. UTC This story has been updated to include a statement from DoNotPay.
Only the EU beat them to it. Commissioner Rebecca Kelly Slaughter, one of three Democrats that control the US antitrust agency, said at a Brussels conference on Wednesday that the FTC was already ...
But to settle the charges that DoNotPay violated the FTC Act, the AI startup agreed to pay $193,000 if the FTC's consent agreement is confirmed following a 30-day public comment period.
They also argued that Amazon's control of Roombas could give it access to detailed data about consumers' home layouts, interiors and lifestyle that could benefit its e-commerce business.
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo ...