Federal Trade Commission Chair Lina Khan said her agency has the existing authority to regulate companies developing artificial intelligence, warning the agency will go after businesses if they are engaging in anticompetitive practices in the nascent field.

Khan, speaking at POLITICO’s AI and Tech Summit Wednesday, said existing FTC statutes prohibit unfair practices. She said the FTC wants “to make sure the market understands there is no AI exemptions to the laws on the books. It’s no secret that there are defendants that are pushing certain arguments about FTC’s authority.”

She said “any clarity” in terms of FTC’s role in regulating AI is also welcome from Congress.

FTC staff in July said that it thinks generative AI technologies like ChatGPT could pose competition challenges.

In terms of the help that Congress could provide, she said she would like more resources to support staff in their new Office of Technology and to support their privacy work as well.

Last week, the two GOP nominees to the Federal Trade Commission, Melissa Holyoak and Andrew Ferguson, said in their Senate nomination hearing that they’d support Congress setting regulations on AI.