16min chapter

Odd Lots cover image

Corporations Learned The Maximum Amount They Can Charge For a Product

Odd Lots

CHAPTER

The Rise of Algorithmic Price Fixing

This chapter examines the emergence of algorithmic price fixing in various industries, particularly highlighting how companies like airlines and food producers adjust prices based on real-time data. It addresses the implications of personalized pricing strategies, including ethical concerns regarding consumer awareness and fairness, while also exploring historical pricing practices. The discussion raises important legal and regulatory questions about the impact of these modern tactics on market competition and potential discrimination based on data-driven profiles.

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