Algorithms and Collusion
Algorithms and Collusion: Competition Policy in the Digital Age
This paper focuses on the question of whether algorithms can make tacit collusion easier not only in oligopolistic markets, but also in markets which do not ...
Algorithmic Collusion | DLA Piper
The term “collusion” refers to any form of coordination among competing undertakings with the objective of raising or maintaining profits above the level they ...
Artificial Intelligence, Algorithmic Pricing, and Collusion
Artificial Intelligence, Algorithmic Pricing, and Collusion by Emilio Calvano, Giacomo Calzolari, Vincenzo Denicolò and Sergio Pastorello.
OECD, Algorithms and Collusion: Competition Policy in the Digital Age 16 (2017), https://www.oecd.org/competition/algorithms-collusion ...
Algorithmic Collusion under Scrutiny
Algorithmic Collusion under Scrutiny ... There is increased scrutiny of the use of algorithms to determine pricing and potential collusion. The ...
Defining AI Collusion Depends on Consumer Harm and Algorithms
Still, the critical question in RealPage and similar antitrust cases often labeled as “algorithmic collusion” is whether AI and machine learning ...
AI Collusion (Algorithm) - Concurrences
AI collusion also refers to how algorithms may learn to collude as distinct from humans, putting aside issues related to price monitoring or the ability to ...
Algorithms and price collusion - Frontier Economics
We start by assuming that every firm in the market is using the same simple algorithm to set prices. The algo learns that higher prices tend to be more ...
The Preventing Algorithmic Collusion Act: A swing and a miss?
The intent of the bill, introduced on January 30, 2024, is to bar the use of algorithms that may be used to engage in price fixing.
Price fixing by algorithm is still price fixing | Federal Trade Commission
Agreeing to use an algorithm is an agreement. In algorithmic collusion, a pricing algorithm combines competitor data and spits out the ...
Amy Klobuchar Wants to Stop Algorithms From Ripping You Off
Algorithmic collusion is where companies illegally coordinate to raise prices through the use of an algorithm that they supply their data to.
Pricing Algorithms Aren't Colluding, Yet - ProMarket
The practice of pricing algorithms tacitly colluding remains theoretical for now, and technological obstacles render it very unlikely in the short term.
Algorithmic collusion consists in any form of anti- competitive agreement or coordination among competing firms that is facilitated or implemented through means.
AI, Algorithmic Pricing, and Collusion - Simon Business School
In this blog post, Professor Jeanine Miklós-Thal investigates claims that the increased use of commercial pricing algorithms could lead to more collusion.
Deciphering Algorithmic Collusion: Insights from Bandit Algorithms ...
Algorithm-driven collusion might encompass unilateral actions fostering transparency amongst competitors without manifest evidence of explicit ...
PRICING ALGORITHMS & COLLUSION
But before we discuss algorithmic collusion, what are potential benefits and promise of the algorithm-driven economy? We have all heard about how algorithms can ...
If, in the context of market observation, there are concrete indications that the use of pricing algorithms contributes considerably to collusive market ...
Man vs. Machine: DOJ Files Complaint Alleging Algorithmic Collusion
On August 23, 2024, the U.S. Department of Justice (DOJ) and eight states filed a complaint in federal court in North Carolina alleging that ...
the digital collusion scenarios - Pricing algorithms - Freshfields
In this scenario, humans agree to collude and machines execute the collusion, acting as mere intermediaries or messengers. An example is the so-called Poster ...