News on Medial

Competition Commission to conduct detailed study on AI; invites proposals from entities

Economic TimesEconomic Times · 7m
Competition Commission to conduct detailed study on AI; invites proposals from entities

The Competition Commission of India (CCI) has issued a Request for Proposals (RFP) for a market study on the impact of artificial intelligence (AI) on competition. The study aims to examine various aspects, including the influence of AI-driven personalized recommendations, services, and pricing on consumer choices, as well as potential anti-competitive strategies and collusion facilitated by AI. The study will also explore the effects of AI on market concentration, entry and exit barriers, innovation incentives, and the regulatory frameworks governing AI systems. The CCI is seeking to understand the pro-competitive potential and competition risks associated with the use of AI.

Comments

Download the medial app to read full posts, comements and news.