NEW DELHI: To deal with competition challenges posed by digital markets, CCI chairperson Ravneet Kaur on Monday pitched for regulatory agility, new analytical tools and possibly, novel regulatory frameworks, specifically tailored to the digital context.
While emphasising the need for a nuanced approach blending traditional competition analysis with a deep understanding of digital market dynamics, she also said that issues like “algorithmic collusion” pose novel challenges for regulators.The watchdog has been taking steps to address anti-competitive concerns in the digital markets and has also passed various orders in recent years.
The CCI will be conducting a market study on AI that will be aimed at developing an in-depth understanding of the emerging competition dynamics in the development ecosystems of AI.
According to her, the transformative capabilities of AI have significant pro-competition potential. “At the same time, there may be competition concerns emanating from the use of AI,” she said, adding that there is a growing emphasis on consumer welfare in the formulation and enforcement of competition law. Agencies
While emphasising the need for a nuanced approach blending traditional competition analysis with a deep understanding of digital market dynamics, she also said that issues like “algorithmic collusion” pose novel challenges for regulators.The watchdog has been taking steps to address anti-competitive concerns in the digital markets and has also passed various orders in recent years.
The CCI will be conducting a market study on AI that will be aimed at developing an in-depth understanding of the emerging competition dynamics in the development ecosystems of AI.
According to her, the transformative capabilities of AI have significant pro-competition potential. “At the same time, there may be competition concerns emanating from the use of AI,” she said, adding that there is a growing emphasis on consumer welfare in the formulation and enforcement of competition law. Agencies
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