The Game Theory of How Algorithms Can Drive Up Prices | Quanta Magazine

Recent findings reveal that even simple pricing algorithms can make things more expensive.

Recent findings reveal that even simple pricing algorithms can make things more expensive.

The world's largest mattress maker now owns America's largest mattress retailer. The FTC tried to stop them and lost.
Netflix is driving the Hollywood end game, likely confident it can increase the value of IP, and fend off YouTube.

Competition makes capitalism work. A new method for measuring it may be the holy grail of economic regulation.
For one thing, looking at concentration at a national level can obscure what’s going on at the local level.
Even when concentration does rise, it’s not always bad for competition.

Hotels and landlords can mitigate legal risks by choosing decentralized revenue management systems that use public data.

AI algorithmic collusion challenges traditional antitrust law. Legal AI frameworks adapt to prosecute self-learning pricing tools
reinforcement learning (RL), can lead to outcomes resembling traditional collusion
antitrust
Conventional antitrust enforcement tries to prevent harmful mergers by blocking them but empirical evidence shows that rival stock prices often rise when a merger is blocked—suggesting that many blocked mergers would have increased competition. In other words, we may be stopping…

The tech giant, which wrapped up its arguments in the federal monopoly trial, simply says it has the best product.

If the Justice Department sues Live Nation and Ticketmaster, it will be armed with antitrust arguments. But the defendants will have defenses ready.

With a single scholarly article, Lina Khan, 29, has reframed decades of monopoly law.
The DOJ wants to show Google can do this because it has a monopoly.

From industry terms like "header bidding" to "AdX" to "DSPs" to internal Google terms, such as "Jedi Blue," there's a lot to wrap your head around.
The DOJ and Google faced off in a 10-week trial.