India, Oct. 7 -- India's competition regulator Competition Commission of India (CCI) has warned that control over key resources like data, compute and foundation models could allow a few technology companies in India to dominate the emerging artificial intelligence (AI) economy, creating new barriers for startups and medium and small enterprises (MSMEs).

In its first market study on artificial intelligence and competition released on Monday, the CCI said, "Control of a few large firms across the AI stack may create barriers to entry for smaller players. Established entities own vast high-quality datasets, which may not be accessible to small firms. Furthermore, high training costs may favour well-funded incumbents. Removing these barrier...