Thursday, August 27, 2020
Pricing Algorithms as Collusive Devices
Pricing Algorithms as Collusive Devices
Abstract
This paper undertakes a critical review of the prospect that self-learning pricing algorithms will lead to widespread collusion independently of the intervention and participation of humans. There is no concrete evidence, no example yet, and no antitrust case that self-learning pricing algorithms have colluded let alone increased the prospect of collusion across the economy.
https://lawprofessors.typepad.com/antitrustprof_blog/2020/08/pricing-algorithms-as-collusive-devices.html