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CCI tracking data dominance, algorithmic collusion
The New Indian Express
|May 21, 2024
RAVNEET KAUR, Chairperson of anti-trust regulator Competition Commission of India (CCI), has raised concerns over data dominance where control over large data sets creates insurmountable entry barriers for new businesses.
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Speaking at the 15th annual day celebration of the CCI, Kaur said companies that can collect, analyse and leverage vast amounts of data can gain major competitive advantage.
She says algorithms play a central role in digital markets, from shaping user experiences to making pricing and product placement decisions, and added that the opacity of these algorithms can make it challenging to assess their impact on competition.
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