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Pricing Algorithms and Market Competition
This chapter examines the effects of pricing algorithms on market competition, detailing how they can undermine discounting and lead to consumer exploitation. The discussion highlights the need for updated antitrust legislation to address sophisticated price-fixing tactics among landlords and tech companies, as well as ongoing political dynamics and efforts to regulate these practices. Additionally, it touches on the societal impacts of a wealth transfer from parents to younger generations, inviting listener engagement.