Coordinated Anticompetitive Practices Based on Algorithms

Frédéric Marty and Thierry Warin

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Abstract: Algorithmic collusion refers to the practice of firms using automated algorithms, often powered by artificial intelligence, to coordinate their market behaviors and maintain a collusive equilibrium. This collusion can be tacit, occurring without explicit communication or agreement, and can be facilitated by the algorithms' ability to rapidly analyze and respond to market conditions and competitor behaviors.

Keywords: Algorithms; antitrust; competition law; anticompetitive practices; cartels; tacit collusion; artificial intelligence (search for similar items in EconPapers)
Date: 2023-08-22
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Published in Encyclopedia of Law and Economics, 2023, pp.1-5. ⟨10.1007/978-1-4614-7883-6_818-1⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-04209318

DOI: 10.1007/978-1-4614-7883-6_818-1

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