India, March 17 -- The Competition Commission of India's (CCI) chairperson Ravneet Kaur has raised concerns about companies using AI for price collusion.

Kaur, while speaking at the 10th National Conference on Economics of Competition Law, said that companies are deploying AI to coordinate prices without explicit agreements and are engaging in algorithmic discrimination under the guise of dynamic pricing.

Kaur noted that predictive algorithms may automate collusive behaviour, raising antitrust concerns, PTI reported.

Noting that the competitive landscape is defined by platform economies and algorithm-driven decision-making, the CCI chief said, "The innovation in technology and emergence of new business models are happening at an astron...