Sustainable and Unchallenged Algorithmic Tacit Collusion
39 Pages Posted: 6 Dec 2018 Last revised: 13 Mar 2019
Date Written: November 10, 2018
Abstract
Algorithmic collusion is a hot topic within antitrust circles in Europe, US and beyond. But some economists downplay algorithmic collusion as unlikely, if not impossible. This paper responds to these criticisms by pointing to new emerging evidence and the gap between law and this particular economic theory. We explain why algorithmic tacit collusion isn’t only possible, but warrants the increasing concerns of many enforcers.
Keywords: Competition Law, Antitrust, Algorithms, Tacit Collusion, Algorithmic Tacit Collusion, Collusion, Hub and Spoke
JEL Classification: D43, D50, D81, K21, L1, L13, L16, O30
Suggested Citation: Suggested Citation
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