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,…