CCI To Commission Study Examining AI &ML

The Competition Commission of India (CCI) is reportedly commissioning a study to examine all aspects of artificial intelligence (AI), according to a media report on Monday.

The statutory body is expected to issue the request for proposal (RFP) inviting agencies to conduct the study in the coming weeks.

This development was indicated by CCI Chief Ravneet Kaur who raised concerns related to artificial intelligence (AI) and machine learning (ML) innovation and stressed a study determining the usage of AI by the regulator.

Kaur said that although AI and ML are driving efficiency and innovation, they present both opportunities and challenges.

She stressed these technologies raise concerns related to market concentration and potential anti-competitive behaviour.

Furthermore, the CCI Chief also underlined that the CCI is closely monitoring all the cutting-edge developments, ensuring that the competition framework remains robust and capable of addressing these new dynamics.

Shedding light on the study Kaur said the aim is to explore AI’s role in reshaping the market dynamics and find the challenges it poses to existing competition law frameworks and formulate policies that address AI's implications on competition effectively.

Meanwhile, the CCI has taken enforcement and advocacy measures, among other activities to tackle anti-competitive practices.