AI and Market Competition
The Competition Commission of India (CCI) has embarked on a significant initiative to delve into the intricate relationship between Artificial Intelligence (AI) and market competition. It has initiated a comprehensive market study on the interplay between AI and competition in the Indian market. The CCI’s study is set to be a knowledge-building exercise, designed to develop an in-depth understanding of the emerging competition dynamics within the development ecosystems of AI systems and the implications of AI applications for competition, efficiency and innovation in key user industries.