<ul data-eligibleForWebStory="false"><li>The Competition Commission of India (CCI) has partnered with Management Development Institute Society (MDIS) to study the impact of AI on competition in India, focusing on regulatory frameworks and stakeholder inputs.</li><li>AI, powered by advanced algorithms and massive data, can enhance productivity and innovation but may lead to anti-competitive outcomes due to a lack of transparency, presenting challenges for regulators.</li><li>AI's lack of transparency, known as the 'black box' problem, creates difficulties in understanding decision-making processes and attributing responsibility for anti-competitive behavior, complicating regulatory actions.</li><li>The CCI's proactive approach and initiatives indicate a forward-thinking strategy to ensure fair play in digital markets amidst the rapid advancements of AI, emphasizing the need for a robust regulatory framework and global cooperation.</li></ul>

Ensuring AI fosters fair play in digital markets

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