Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/hindustandot.com/site/web/wp-includes/functions.php on line 6114
Competition commission of India seeks proposals for AI and competition Market study | Hindustan Dot
Business

Competition commission of India seeks proposals for AI and competition Market study

CCI seeks proposals for AI market study in India.

The Competition Commission of India has invited proposals to conduct a market study on artificial intelligence and competition in the country. As per the CCI release, the deadline for submission is 3rd June 2024. The industry body aims to undertake the exercise to understand the emerging dynamics between AI development ecosystems and competition aspects.

The proposed analysis would focus on key AI systems, their respective markets, major actors and stakeholders, essential resources, value chains, and prevailing market structures.

CCI also wants to examine potential competition issues in these areas and assess the opportunities and risks of AI applications from a competition lens.

The study would focus on understanding existing and evolving legal frameworks for AI in India and other jurisdictions.

CCI intends to engage all relevant AI stakeholders to gain holistic insights on interlinkages between emerging technologies and antitrust matters.

Through this initiative, the regulator seeks to comprehend trends in AI and determine enforcement and advocacy needs concerning AI applied in markets.

The long-term objective is to develop a deeper understanding of the implications of evolving AI systems in important consumer industries for competition, innovation, and efficiency.

Interested agencies and institutions can submit proposals by June 3rd to assist CCI in periodically assessing a dynamic digital market landscape.

HD News Desk

From local issues to national events and global affairs, Hindustan Dot's news desk covers the latest news and developments from India and the world.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button