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flag India's antitrust watchdog warns AI’s rise may cement digital monopolies, urging stronger rules and transparency.

flag India’s Competition Commission warns that AI’s rapid growth could entrench digital monopolies due to concentrated control over data and computing power, urging for greater transparency and updated regulations to protect competition. flag The CCI highlights risks like algorithmic collusion and ecosystem lock-in, while promoting self-audits and launching initiatives like the India AI Mission to support startups. flag Meanwhile, wealthy Indians are investing heavily in unlisted AI firms through global secondary markets, driven by surging valuations, as hyperscalers reshape enterprise IT spending, potentially reducing demand for traditional services.

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