CCI Ropes In MDIS To Conduct Market Study On Impact Of AI On Competition

CCI Ropes In MDIS To Conduct Market Study On Impact Of AI On Competition

SUMMARY

The study will cover six primary objectives, including examining competition issues in AI markets and understanding existing regulatory frameworks in India

The study will explore the scope and nature of AI use cases, and assess associated opportunities and risks from a competition standpoint

Findings will help guide India's regulatory decisions, balancing AI innovation with fair competition

The Competition Commission of India (CCI) has roped in Management Development Institute Society (MDIS) to conduct a market study to ascertain the impact of artificial intelligence (AI) on competition. 

In a statement, the antitrust regulator said that it formalised the partnership with MDIS after floating a request for proposal (RFP) in April 2024. Subsequently, an agreement was signed between the two parties on September 9, 2024.

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