CCI Releases Market Study on AI and Competition
The Competition Commission of India (CCI) has published a report detailing the rapid adoption of Artificial Intelligence (AI) in India and its impact on market dynamics, competition, and regulatory frameworks. The study highlights the need for responsible AI practices and proposes measures to foster a competitive AI ecosystem while addressing potential anti-competitive issues. It emphasizes the importance of government initiatives to enhance AI capabilities and calls for transparency and self-audit measures by enterprises to ensure compliance with competition regulations.
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