The Impact Of Artificial Intelligence On Competition Law
- IJLLR Journal
- 3 minutes ago
- 1 min read
Somya Tyagi, Student of Law, Gautam Buddha University
ABSTRACT
Technological Advancement is no news in today's world, with each passing day technology is advancing rapidly and this advancement give rise to the Artificial Intelligence or we can say AI which is developing per second as we speak. The main aim of AI is to develop machines that possess human like intelligence. Artificial Intelligence has a potential to disrupt the market forces and has an ability to topple the balance between competition law and its enforcement. As the evolvement of AI continues, regulators and legal professionals are struggling with its implication on fair competition, market dominance and consumer welfare. It is true that Technological Advancements provides ease to consumers but they are also inducing market forces which eventually affect the competition in the market which can infringe their interest. The main aim of this paper is to examine how AI is impacting the market forces and how it is affecting the competition in the market.
Keywords: artificial intelligence, competition law, market, competition.
