India, April 23 -- The Competition Commission of India (CCI) has invited proposals to launch a study on the impact of artificial intelligence on competition in the market both positively and negatively.

The regulator has invited proposals for a market study, which will help it shape a strategy for fostering innovation and fair competition.

According to the CCI's Request for Proposal (RFP), AI's transformative capabilities offer substantial procompetitive potential on both the supply and demand sides. However, concerns exist regarding potential competition risks associated with AI usage.

The study on "artificial intelligence and competition in India" aims to deepen understanding of competition dynamics within AI development ecosystems a...