CCI Chairperson Flags AI Risks In Digital Markets

AI may accelerate anti-competitive practices in digital markets: CCI chief

She said businesses across sectors were rapidly adopting AI tools and applications, bringing benefits in areas such as education, healthcare, logistics and supply chain management

CCI Chairperson Flags AI Risks In Digital Markets

Competition Commission of India (CCI) chairperson Ravneet Kaur has warned that the rapid adoption of artificial intelligence (AI) could intensify anti-competitive practices in digital markets, including self-preferencing, discriminatory pricing, and market manipulation. She highlighted the CCI's ongoing study into AI's impact on competition and stressed the regulator's role in fostering growth while preventing abuse of dominance.

AI Adoption Could Create New Competition Risks In Digital Markets: CCI Chief

Competition Commission of India (CCI) chairperson Ravneet Kaur has reportedly warned that AI could amplify anti-competitive practices in digital markets. Flagging risks like self-preferencing, discriminatory pricing, tying and market manipulation, Kaur said that the rapid adoption of AI is accelerating the pace of change in digital markets and creating new competition risks for regulators, as per a report by PTI. She made the comments while addr…