Stucke, Maurice E.; Ezrachi, Ariel --- "Antitrust, algorithmic pricing and tacit collusion" [2018] ELECD 1426; in Barfield, Woodrow; Pagallo, Ugo (eds), "Research Handbook on the Law of Artificial Intelligence" (Edward Elgar Publishing, 2018) 624

Book Title: Research Handbook on the Law of Artificial Intelligence

Editor(s): Barfield, Woodrow; Pagallo, Ugo

Publisher: Edward Elgar Publishing

ISBN: 9781786439048

Section: Chapter 24

Section Title: Antitrust, algorithmic pricing and tacit collusion

Author(s): Stucke, Maurice E.; Ezrachi, Ariel

Number of pages: 25

Abstract/Description:

This chapter explores some of the means through which algorithms and artificial intelligence may be used to dampen competition. We note how algorithmic pricing could, under certain market conditions, lead to conscious parallelism and higher prices. We also identify some of the legal and enforcement challenges raised by algorithmic tacit collusion.