Global AI market surge: Protecting consumers in the age of algorithms

From a competition law perspective, AI can enable businesses engaging in anticompetitive conduct to further conceal their illegal conduct.

Photo credit: Shutterstock

Many of us have tried to book a hotel room online only to be met with a flashing red alert warning, “only one room is left”, often amplifying non-existent scarcity and urgency.

Chatbots in online food delivery platforms suggest “popular” options and combinations, nudging you to spend more. Dynamic search engine ranking determines which results appear most prominently, often favouring items boosted through paid promotions. On social media platforms, targeted adverts are our second shadow.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.