How competitive is our market economy? Not as much as it ought to be. And the growth of big data threatens to make things even worse. Antitrust regulators already struggle to keep markets competitive. How will they fare in a world where intelligent pricing algorithms subtly collude with one another?
How Pricing Bots Could Form Cartels and Make Things More Expensive
Antitrust law will have to evolve to cope.
October 27, 2016