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India’s CCI warns of AI risks like price fixing and urges self-audits to ensure fair competition.
India’s Competition Commission of India (CCI) is preparing to address anti-competitive risks in artificial intelligence, including algorithmic collusion, price discrimination, and lack of transparency, urging companies to conduct self-audits.
Chairperson Ravneet Kaur emphasized monitoring AI across sectors like aviation, liquor, and sports, while noting the CCI has resolved 90% of its antitrust cases.
The regulator promotes a solution-oriented approach to mergers and is enhancing technical capacity to oversee digital markets.
Niti Aayog’s Rajiv Gauba stressed the need for evolving competition policy to counter AI-driven market concentration and protect small businesses amid rapid digital transformation.
La CCI de la India advierte sobre los riesgos de la IA, como la fijación de precios, e insta a las autoauditorías para garantizar una competencia justa.