- The Competition Commission of India (CCI) is commissioning a study on how Artificial Intelligence (AI) affects competition in various sectors.
- The study aims to understand the AI ecosystem, its applications in different industries, and the regulatory frameworks governing its use.
- This initiative reflects CCI’s commitment to fostering innovation and fair competition in India’s digital economy.
The Competition Commission of India (CCI) is embarking on a significant endeavor to explore the influence of Artificial Intelligence (AI) on market competition. By seeking proposals from agencies to conduct a comprehensive study, CCI aims to delve into the evolving landscape of AI applications across sectors in India. This move underlines the growing recognition of AI’s transformative potential and its implications for competition dynamics.
The proposed study will focus on unraveling various facets of the AI ecosystem, including its applications in user industries, market size, and its impact on competition and innovation. Furthermore, it will scrutinize the regulatory and legal frameworks governing AI adoption, both in India and globally. Through this initiative, CCI intends to equip itself with valuable insights to formulate strategies that foster a competitive environment conducive to AI development by both incumbents and new innovators.
In line with its efforts to adapt to the challenges of the digital age, CCI’s initiative underscores the importance of proactively addressing anti-competitive issues in the emerging digital economy. By establishing a dedicated unit for digital markets and data and contemplating amendments to the Competition Act, CCI demonstrates its commitment to ensuring a level playing field and promoting fair competition in the digital era. This move also aligns with broader global trends toward enhancing regulatory oversight of Big Tech firms and promoting competition in digital markets.
