ARTIFICIAL INTELLIGENCE INDUCED APPRECIABLE ADVERSE EFFECT ON COMPETITION: AN ANTI-TRUST ANALYSIS

Abstract

The increasing use of Artificial Intelligence (AI) in various industries has profound implications for market competition. While AI offers significant benefits in terms of efficiency, innovation, and consumer personalization, it also poses substantial risks that can lead to the distortion of competitive dynamics. This paper examines the potential for AI to create an Appreciable Adverse Effect on Competition (AAEC) by enabling firms with superior AI technologies and large datasets to dominate markets, suppress competitors, and raise barriers to entry