Collusion and Gatekeeping in AI: CCI’s Call for Self-Regulation
The Competition Commission of India (CCI) has raised concerns about collusion and gatekeeping practices within the AI industry. These practices, which stifle competition and innovation, have prompted the CCI to call for robust self-regulation and regular self-audits by industry players.
Why Self-Regulation Matters
Self-regulation is seen as a proactive approach to ensure ethical AI development and fair market practices. By adopting self-audits, companies can identify and address potential anti-competitive behaviors, fostering a more transparent and equitable AI ecosystem.
Steps Toward a Fair AI Industry
The CCI emphasizes the need for collaboration among stakeholders to establish clear guidelines and standards. This includes promoting open access to AI resources, preventing monopolistic behaviors, and ensuring accountability in AI deployments.
