In Machines We Trust: How pricing algorithms learn to collude (Update)
MIT Technology Review Narrated
00:00
Anti-Competitive Pricing Algorithms Are Playing by Rules Wedeem Fair
There's no one in charge of monitoring if these systems are playing by rules we deem fair. He says anti-competitive pricing algorithms could also come embedded in software, which might be used by companies competing against each other without those companies even realizing it. "Now here, we're once again in a little bit murky legal territory," he said.
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