Intelligent regulation and robust institutions will be the key to harness the potential of Artificial Intelligence
Recently, the Competition Commission of India (CCI) imposed a hefty penalty on Google for abusing its dominant position in the online search market. The company was accused of promoting its own verticals at the expense of its rivals. While the specifics of the case have received much attention, it has probably not been appreciated that this case is a kind of watershed moment for the competition policy in India. In future, competition policy will have to face the challenges of Artificial Intelligence (AI) and big data. Since Google is a leading AI company, this occasion may be used to think about these broader sectoral challenges.