Antitrust and Artificial Intelligence - A Research Agenda

Abstract

This short paper provides an overview of the claims made in the emerging scholarship on artificial intelligence and antitrust policy. It discusses in particular the conjecture that markets will be rife with algorithmic collusion and extractive personalized pricing. It stresses the main methodological, theoretical and empirical limitations that underpin the claims made in the scholarship, and concludes with a call for evidenced-based antitrust policy.

Keywords: antitrust, competition law, artificial intelligence, algorithms, collusion, cartels, discrimination

JEL Classification: K21, K48, L40, K14, L40, L41