The request for proposal (RFP) for inviting companies to conduct the examine is anticipated to be issued within the coming weeks.
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In a current interview with PTI, the Competitors Fee of India (CCI) Chairperson Ravneet Kaur stated the examine will even have a look at how AI can be utilized by the regulator.
“The rise of AI and Machine Studying (ML) presents each alternatives and challenges within the context of competitors regulation.
“These applied sciences can drive effectivity, personalisation and innovation but in addition increase issues associated to market focus and potential anti-competitive behaviour,” she stated.
Kaur additionally burdened that the regulator is carefully monitoring these developments to make sure that the competitors framework stays sturdy and able to addressing these new dynamics.
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In regards to the examine, she stated the purpose is to discover how AI is reshaping market dynamics, pinpoint challenges AI poses to current competitors regulation frameworks and formulate insurance policies that deal with AI’s implications on competitors successfully.
The CCI has been taking enforcement actions and advocacy measures, amongst different actions to deal with anti-competitive practices.
