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AI can drive efficiency, raises market concentration concerns

Artificial intelligence and machine learning can drive efficiency and innovation but also raise concerns related to market concentration and potential anti-competitive behaviour, said CCI chief Ravneet Kaur. CCI, which has the mandate to curb anti-competitive ways and foster fair competition, will soon commission a study to look at all aspects of AI. The request for proposal (RFP) for inviting agencies to conduct the study is expected to be issued soon.