WebGreen and Porter analyze a collusive arrangement that does not require communication at the implemen- tation stage, but they recognize the need for communication at the initiation stage, saying: It is logically possible for this agreement to … WebJul 14, 2024 · In recent years, important concerns have been raised about the increasing capabilities of pricing algorithms to make use of artificial intelligence (AI) technologies. Two issues have gained particular attention: algorithmic price discrimination (PD) and algorithmic tacit collusion (TC). Although the risks and opportunities of both practices …
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Webcollusion is illegal and tacit collusion is generally legal, if firms can achieve a collusive outcome through tacit means then they will presumably do so and thereby avoid the … WebTacit collusion is a collusion between competitors, ... for 23 million dollars a copy." The book "The Making of a Fly" by Peter Anthony Lawrence Amazon in 2011. An OECD Competition Committee Roundtable "Algorithms and Collusion" took place in June 2024 in order to address the risk of possible anti-competitive behaviour by algorithms. christoff mitchell petroleum philipsburg pa
Remedies for algorithmic tacit collusion Journal of Antitrust ...
WebMar 7, 2024 · During the past 6 months, I have been incredibly amazed by a profound sense of connecting my knowledge of the tech industry with my passion for social science. One … WebAug 5, 2024 · Abstract. There is growing evidence that tacit collusion can be autonomously achieved by machine learning technology, at least in some real-life examples identified in … Webalgorithmic tacit collusion and responds to those who downplay it, by pointing to new emerging evidence and the gap between law and this particular economic theory. We … get that part