What if AI is quietly fixing prices without anyone noticing?

New Delhi: India’s antitrust watchdog is set to sharpen its enforcement powers to tackle the threat to competition posed by the deployment of artificial intelligence (AI) in the industry, and has proposed that businesses conduct self-audit of their AI systems for fair-trade compliance.

In a market study on ‘Artificial intelligence and competition’ released on Monday, the Competition Commission of India (CCI) said that it will set up a think-tank to consult on matters of digital markets and AI, promote co-ordination with other regulators for…