M&As in AI space may need scrutiny: CCI

Mergers, acquisitions, and other partnerships in the artificial intelligence (AI) ecosystem may need to be scrutinised for their “likely effect on competition”, India‘s antitrust watchdog said in a market study of the AI sector released on Monday.

“The AI ecosystem is also witnessing partnerships amongst players across layers in the AI stack. These partnerships can spur growth and innovation by facilitating access to critical inputs, technologies etc. However, such partnerships in the AI space may also raise competition concerns under certain…