AI has potential to enable collusion; regulators need to adopt forward-looking approach: CCI chief

Share via:


Artificial intelligence is a driving force in modern markets that also has the potential to enable collusion, including algorithmic discrimination under the garb of dynamic pricing, CCI chief Ravneet Kaur said on Sunday. She also emphasised the need to adopt a forward-looking approach as well as trust-based regulations.

Delivering the special address at the 10th National Conference on Economics of Competition Law in the national capital, Kaur said artificial intelligence (AI) is a driving force in modern markets.

AI shapes pricing strategies,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

AI has potential to enable collusion; regulators need to adopt forward-looking approach: CCI chief


Artificial intelligence is a driving force in modern markets that also has the potential to enable collusion, including algorithmic discrimination under the garb of dynamic pricing, CCI chief Ravneet Kaur said on Sunday. She also emphasised the need to adopt a forward-looking approach as well as trust-based regulations.

Delivering the special address at the 10th National Conference on Economics of Competition Law in the national capital, Kaur said artificial intelligence (AI) is a driving force in modern markets.

AI shapes pricing strategies,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

UPI Gets Faster As NPCI’s New Mandates Kick In

SUMMARY The new rules direct banks and payment service...

Car rental platform Zoomcar says hackers accessed personal data...

Car-sharing platform Zoomcar told the US market regulator...

Italy regulator probes DeepSeek over false information risks

Italy's antitrust watchdog AGCM said on Monday it...

Popular

Upcoming Events

bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb