Federal Trade Commission Chairman Sees AI Antitrust Risks Upstream
FTC Chairman Andrew Ferguson calls competition among large language model developers ‘pretty ferocious.’
August 19, 2026 – FTC Chairman Andrew Ferguson sees the biggest competitive risks in artificial intelligence not among AI models, but in the chips, power and construction needed to build them.
Speaking during a fireside chat with CNBC’s news anchor and business journalist Brian Sullivan at the Technology Policy Institute’s Aspen Forum, Ferguson said competition among large language model developers already looks healthy, pointing to near weekly model releases from the likes of Anthropic, OpenAI, Google and Meta as evidence.
