Algorithmic Pricing: What Implications for Competition Policy?
Copyright policy )Algorithmic Pricing: What Implications for Competition Policy?
Pricing decisions are increasingly in the “hands” of artificial algorithms. Scholars and competition authorities have voiced concerns that those algorithms are capable of sustaining collusive outcomes more effectively than human decision makers. If this is so, then our traditional policy tools for fighting collusion may have to be reconsidered. We discuss these issues by critically surveying the relevant law, economics and computer science literatures.
- Alma Mater Studiorum University of Bologna Italy
- UNIVERSITE DE TOULOUSE France
- Toulouse 1 Capitole University France
- European University Institute Italy
- Center for Economic and Policy Research United States
330, Algorithmic pricing · Competition policy · Artificial intelligence · Machine learning · Collusion, Settore SECS-P/01 - ECONOMIA POLITICA, B- ECONOMIE ET FINANCE
330, Algorithmic pricing · Competition policy · Artificial intelligence · Machine learning · Collusion, Settore SECS-P/01 - ECONOMIA POLITICA, B- ECONOMIE ET FINANCE
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