AI being used for collusion, says CCI chairperson

Artificial intelligence (AI) is being used for “collusion” by sections of Indian industry, Ravneet Kaur, chairperson of Competition Commission of India (CCI) said on Sunday, adding that the regulator would equip itself to deal with it.

“Companies are using AI to coordinate prices without explicit agreements, and are engaging in algorithmic discrimination under the garb of dynamic pricing,” she said.