Fair trade watchdog CCI has selected the Management Development Institute Society (MDIS) to conduct a market study on artificial intelligence and competition that will examine a range of aspects, including potential competition concerns in AI ecosystems.
In April this year, the Competition Commission of India (CCI) issued a request for proposals to conduct a market study on Artificial Intelligence (AI) and competition.
Gurugram-based MDIS has been hired to conduct the study that will seek to understand certain key AI ecosystems, including stakeholders, resources, value chains, market structures and competitive parameters, CCI said in a statement on Friday.
It will also examine emerging and potential competition issues in these markets/ecosystems, as well as analyse the scope and nature of AI applications/use cases, and assess the associated opportunities, risks and ramifications from a competitive perspective.
Among other aspects, the study will focus on the existing and evolving regulatory and legal frameworks governing AI systems and applications in India and other major jurisdictions.
Earlier this year, in an interview with PTI, CCI Chairperson Ravneet Kaur said AI and machine learning can drive efficiency and innovation, but also raise concerns related to market concentration and potential anti-competitive behaviour.
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First published: September 13, 2024 | 17:15 IS
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