The Competition Commission of India (CCI) has announced its call for proposals to launch a comprehensive market study on the intersection of Artificial Intelligence (AI) and competition within India.
The initiative aims to delve into the transformative potential of AI and its implications on competition dynamics across various sectors.
Interested parties have until June 3, 2024, to submit their proposals for consideration.
In an official statement, CCI highlighted the significance of understanding the evolving landscape of AI and its impact on competition within India. The proposed study seeks to explore both the pro-competitive potential of AI innovations and the potential concerns surrounding its use.
The primary objectives of the study include gaining insights into key AI systems and their respective markets, identifying stakeholders, analyzing value chains, and assessing market structures.
The study also aims to examine emerging competition issues, understand the scope and nature of AI applications, and evaluate associated opportunities and risks from a competition standpoint.
A key focus of the market study will be to analyze the existing regulatory frameworks governing AI systems and applications in India, as well as in other major jurisdictions.
By engaging with relevant stakeholders, CCI intends to develop a holistic understanding of the complexities at the intersection of AI and competition.
Through this initiative, CCI seeks to discern trends and patterns in AI adoption and usage, with the ultimate goal of identifying enforcement and advocacy priorities.
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