Fair trade regulator CCI has issued clarifications on the bidding for conducting the study on artificial intelligence and its impact on competition, and has extended the deadline for submission of bids till June 18. Earlier, the deadline for the bids was June 3. In a set of clarifications, the Competition Commission of India (CCI) said bids cannot be submitted through a consortium or a joint venture. Among other eligibility requirements, the minimum annual turnover of Rs 50 crore has been retained for the bidders. "The Request For Proposal (RFP) does not provide for submission of bids through a consortium or joint venture. Turnover of the group companies may, however, be included only to meet the eligibility criterion of Rs 50 crore," the regulator said in a communication dated May 24. The last date for submission of bids is June 18 and the financial bids will be opened on July 11. The study will cover various aspects, including the ways AI-driven personalised recommendations, ... Read The Rest at :