CCI engages Management Development Institute Society for Market Study on AI and Competition

The study will explore among other areas various AI systems, their market structures, and ecosystems. This includes identifying key AI actors, essential resources, value chains, and competitive parameters.

The Competition Commission of India (CCI) said on September 13 that it has appointed Management Development Institute Society (MDIS) to conduct a comprehensive Market Study on Artificial Intelligence (AI) and its impact on competition. It said this decision follows the issuance of a Request for Proposal (RFP) in April of this year, with an agreement between CCI and MDIS signed on September 9, 2024.

The Market Study aims to address several key areas:

-The study will explore various AI systems, their market structures, and ecosystems. This includes identifying key AI actors, essential resources, value chains, and competitive parameters.

-It will investigate emerging and potential competition issues within AI markets and ecosystems, assessing any possible impacts on market dynamics.

-The scope of AI applications and use cases will be studied to evaluate associated opportunities, risks, and competition-related ramifications.

-The study will understand the existing and evolving regulatory/legal frameworks governing AI systems and applications in India and other major jurisdictions.

-Relevant stakeholders will be consulted to gain a holistic understanding of the intersection between AI and competition, ensuring that all perspectives are considered.

-The study will analyze trends in AI and help determine the Commission's enforcement and advocacy priorities regarding AI and its market applications.