CCI keeping pace with market trends, taking firm stance against cartelisation: CAG

While talking about the digital markets and trends, Comptroller and Auditor General K Sanjay Murthy said CCI is keeping pace with the latest developments in the domain.

New Delhi: Competition Commission is keeping pace with market trends while taking a firm stance against cartelisation, Comptroller and Auditor General K Sanjay Murthy said on Wednesday.

He was speaking at an event to mark the 17th Annual Day of the Competition Commission of India (CCI) in the national capital.

While talking about the digital markets and trends, Murthy said CCI is keeping pace with the latest developments in the domain.

The anti-trust watchdog has the mandate to ensure fair competition in the marketplace across sectors.

Murthy said CCI has transformed India's market landscape from a rigid command and control regime to a modern, competitive economy, and added that the regulator has taken a firm stance against cartelisation.

In his speech, Murthy also said the CAG office is developing a sovereign LLM (Large Language Model), an Artificial Intelligence (AI) platform for use in public sector auditing work.