DOJ antitrust head warns dealmakers not to mislead on AI

By Jody ‌Godoy

May 7 (Reuters) - ​The ​U.S. Department of Justice's antitrust head on Thursday ‌warned companies against trying to ⁠misleadingly use artificial intelligence disruption as ‌a defense in merger ‌reviews without providing evidence.

Acting Assistant Attorney General Omeed Assefi oversees ​the DOJ's work reviewing mergers and said that merging ⁠parties are welcome to engage with his division ​at any point in the process.

However, "we know when you are ​trying to mislead ‌us," he said at an event at New York ⁠University.

"We know you will be tempted to tell us that ⁠AI is replacing your industries. We get ​it. We hear that a lot. For us to take it seriously, we ‌expect it to be backed up with actual evidence," ‌he said, according to ⁠a copy of ‌prepared remarks.

(Reporting ​by Jody Godoy in New York; Editing by Bill ‌Berkrot)

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