Competition Bureau Issues Report Summarizing Feedback on Artificial Intelligence and Competition
Ottawa, Ontario – January 27, 2025 – The Competition Bureau has released a report summarizing the feedback it received on its Discussion Paper on Artificial Intelligence and Competition. The Discussion Paper was published in June 2024 and sought input on the potential competition issues raised by the use of artificial intelligence (AI).
The Bureau received over 100 submissions from a wide range of stakeholders, including businesses, academics, and consumer groups. The feedback provided valuable insights on the key competition issues raised by AI, as well as potential policy options to address these issues.
Key Findings
The Bureau’s report identifies the following key findings:
- AI has the potential to both increase and decrease competition. AI can be used to create new products and services, lower costs, and improve efficiency. However, it can also be used to create barriers to entry, facilitate collusion, and discriminate against consumers.
- The impact of AI on competition is likely to vary depending on the specific industry and application. AI is likely to have a significant impact on industries that rely heavily on data, such as the technology sector and the financial sector.
- There is a need for clear and effective competition policy frameworks to address the challenges posed by AI. Existing competition laws may need to be updated or adapted to ensure that they are effective in addressing the unique challenges posed by AI.
Policy Options
The Bureau’s report also identifies a number of potential policy options to address the competition issues raised by AI. These options include:
- Promoting competition in AI markets. This could be done through measures such as encouraging investment in AI research and development, promoting data sharing, and ensuring that AI algorithms are not discriminatory.
- Preventing the abuse of market power by AI-powered firms. This could be done through measures such as preventing AI-powered firms from engaging in anti-competitive conduct, such as collusion or predatory pricing.
- Protecting consumers from the potential harms of AI. This could be done through measures such as ensuring that AI algorithms are transparent and accountable, and that consumers have the right to appeal decisions made by AI systems.
Next Steps
The Competition Bureau will continue to monitor the development of AI and its impact on competition. The Bureau will also work with other government agencies, international organizations, and stakeholders to develop effective competition policy frameworks for AI.
The full report is available on the Competition Bureau’s website at www.competitionbureau.gc.ca.
Competition Bureau issues report summarizing feedback on artificial intelligence and competition
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