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FRONTEO, Inc. (Headquarters: Minato-ku, Tokyo; President & CEO: Masahiro Morimoto) is hosting a free seminar “Recent Developments in AI and Competition Law – a Global Perspective” in collaboration with White & Case LLP on March 19th.
■ Event Overview
Date and Time: Tuesday, March 19, 2024, 16:00 - 19:00
Venue: White & Case LLP/White & Case Law Offices (Registered Association)
Marunouchi Trust Tower Main 26th Floor, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo
Format: On-site Seminar
Capacity: 60 people (First come basis. If the capacity is exceeded, there will be a waiting list for cancellations)
Participation Fee: Free
Application: https://legal.fronteo.com/event_20240319-fr
Participation Conditions:Please refrain from applying if you use a free email address, work in the same industry as our company, work at a law firm or are unsure of your affiliation.
■ Seminar Program
Part 1 – Overview, new developments mainly in the EU and UK
Speaker:
James Killick (Partner, White & Case LLP Partner, Brussels and London)*
Stefanie Benson (Partner, White & Case LLP, Sydney)*
* Speakers will appear online
Language: English (Simultaneous interpretation available)
Technology has been evolving rapidly in recent years. Generative AI is one of the hot technologies and is being used more actively in people’s lives. While generative AI brings benefits such as improving productivity, it may give rise to antitrust/competition concerns such as creating an entry barrier for new entrants by establishing strong advantages for certain businesses who already have extensive access to data set. In addition, digital cartel issue (whether cartels committed by or via AI are a violation of antitrust/competition law?) continues to be the subject of discussion.
Governments and competition authorities around the world are discussing and trying to address antitrust/competition concerns in the digital area, including with generative AI. Last November, the Japan Fair Trade Commission (“JFTC”), in cooperation with the Secretariat of Headquarters for Digital Market Competition of the Cabinet Secretariat (“Digital Headquarters”), held the G7 Joint Competition Enforcers and Policy Makers Summit in Tokyo. In addition to competition authorities from the G7 countries, competition authorities from Australia, India, Korea and South Africa also attended.
At Part I of this seminar, we start with providing an overview of global trends, and then will introduce the current situation and new developments in the EU and UK. AI is already on the antitrust watchdog’s radar in Europe. The European Commission as well as national competition authorities within the EU have launched investigations into the impact of AI on competition. The UK’s CMA and the EC are already scrutinizing some of BigTech’s AI partnerships. The EU Artificial Intelligence Act, which is expected to be adopted by April 2024, will potentially provide another gateway for AI antitrust enforcement. We will also touch upon the new developments in Australia, including the Government’s proposed approach to regulating AI and observations on the competition regulator’s key areas of focus.
Part 2 – New developments in Japan
Speaker:
Toshio Dokei (Partner Of Counsel White & Case LLP , Tokyo)
Takako Onoki (Counsel White & Case LLP, Tokyo)
Language: Japanese (Simultaneous interpretation available)
Developing a competitive environment in the digital sector is one of the JFTC’s area of focus. The JFTC and/or the Digital Headquarters has been conducted market surveys and published various reports, including the Report on Algorithms/AI and Competition Policy on March 31, 2021. As mentioned above, the JFTC hosted the “G7 Enforcers and Policy Makers Summit” where the competition authorities discussed priorities, challenges and approaches for competition authorities in the digital area.
We will explain about the current situation and new developments on AI and Japanese Anti-Monopoly Act.
Part 3 – AI Use for investigation and litigation
Speaker:
Takako Onoki
Shiho Tanaka (Global Sales Executive, LegalTech AI Division, FRONTEO, Inc.,
SVP, Data Science & Technology Department, FRONTEO USA, Inc.)
Yoshikatsu Shirai (Shirai Technical Fellow, LegalTech AI Division, FRONTEO, Inc.)
Language：Japanese (Simultaneous interpretation available)
At part Ⅲ of this seminar, we will explain about how to use technology for investigation/litigation including antitrust ones from law firm and eDiscovery provider perspective. In addition to Technology Assisted Review (TAR), that has been utilized already in this industry, we would discuss about Generative AI; How it could be expected to work in future and the latest situation and outlook talked in the US. This part will be a moderated discussion session including our data scientist.
■ Timetable
15:30 to 16:00 Reception
16:00 to 16:40 Part 1
16:40 to 16:55 Coffee break
16:55 to 17:30 Part 2 (including Q&A session)
17:30 to 18:00 Part 3
18:00 to 19:00 Cocktail receptions/Networking
■About White & Case LLP URL: https://www.whitecase.com/ja/law/asia-pacific/japan
Our Firm's history in Japan and our global platform are ideal for providing the legal guidance clients need to succeed in today's markets. With more than 35 years of experience in Tokyo, we bring insight and experience in relation to corporate law matters, mergers and acquisitions, financial transactions and regulation, projects and energy, commercial disputes, antitrust, intellectual property and real estate.
White & Case was the first foreign law firm in Japan to establish a joint enterprise with Japan-licensed bengoshi, providing clients with one-stop access to Japanese and global legal services. Our deep knowledge at local, regional and global levels enables us to guide our clients through the most complex matters they face today.
White & Case established its office in Tokyo in 1987. Since then, we have grown into one of the largest law firms in Japan, drawing upon a diverse team of bengoshi and lawyers qualified internationally, principally in the United States and England & Wales, who consistently deliver results for our clients. Most of our lawyers are fluent in English and Japanese, and are longstanding residents of Japan. With a deep understanding of local business and industry trends, we guide clients through the cultural intricacies of doing cross-border business involving Japan, both inbound and outbound.
One of the critical elements of our success in Japan has been that we are a full-service law firm and able to advise on virtually all business matters, including corporate law, mergers and acquisitions, financial transactions and regulation, projects and energy, commercial disputes, antitrust, intellectual property and real estate.
We assemble the best teams and work seamlessly across borders for our clients.
■ About FRONTEO URL: https://www.fronteo.com/
FRONTEO, Inc. is a data analysis company that provides various AI solutions and services using the in-house developed AI engine "KIBIT".
Based on the philosophy of "realizing fairness in the information society by providing solutions that do not overlook risks and opportunities buried in records", FRONTEO’s strengths lie in natural language processing and network analysis technologies that extract meaningful and important information from vast amounts of text data and complex networks to support advanced decision-making by experts.
Developing businesses in the areas of LegalTech AI, Business Intelligence, Life Science AI, and Economic Security. Contributing to solving various corporate and social issues. Established in August 2003, listed on Tokyo Stock Exchange Mothers (currently TSE Growth) on June 26, 2007. Offices are located in Japan, USA, South Korea and Taiwan. Obtained a first-class medical device manufacturing and sales business license, registered controlled medical device sales business. The capital is 3,042,317 thousand yen (as of March 31, 2023).
* FRONTEO and KIBIT are registered trademarks of FRONTEO in Japan.
