(MENAFN- KNN India) New Delhi, Oct 7 (KNN) The Competition Commission of India (CCI) has released its report titled 'Market Study on Artificial Intelligence and Competition', conducted through the Management Development Institute Society (MDIS).

The study aims to understand the structure and dynamics of Artificial Intelligence (AI) markets, identify emerging and potential competition issues, and review existing and evolving regulatory frameworks governing AI systems.

The study employed both primary and secondary research methods-including literature review, database analysis, stakeholder surveys, and structured interviews-to provide a comprehensive view of the AI ecosystem.

It offers insights into market trends, sectoral applications, competition challenges within AI-driven industries, and related regulatory aspects.

According to the report, the adoption of AI technologies in India is expanding rapidly across multiple sectors, reshaping business operations, market competition, and regulatory approaches.

While AI holds significant promise for enhancing efficiency, innovation, and consumer experience, the study cautions that emerging issues could influence competition and limit the sector's full potential.

It also reviews the evolution of AI-related legal and regulatory frameworks in India and other jurisdictions to address these challenges.

To foster a competitive and inclusive AI ecosystem, the CCI has proposed several measures. These include organising a conference on 'AI and Regulatory Issues' in collaboration with stakeholders, conducting advocacy workshops on 'AI and Competition Compliance', strengthening technical infrastructure, and establishing a think tank focused on digital markets and AI.

The Commission also plans to enhance coordination among regulators and engage with international competition authorities and multilateral platforms.

The report recommends continued government initiatives to improve access to AI infrastructure, enhance capabilities, and reduce entry barriers to ensure a level playing field in AI development and deployment.

It also urges enterprises to adopt self-auditing mechanisms for AI systems to ensure competition compliance and implement transparency measures to minimise information asymmetry.

The full report is available on the CCI website:

(KNN Bureau)

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