“A slightly more grey area arises where, with no human involvement or instruction, a price-setting AI algorithm teaches itself to coordinate with competitors –

“A slightly more grey area arises where, with no human involvement or instruction, a price-setting AI algorithm teaches itself to coordinate with competitors – otherwise referred to as tacit algorithmic collusion. While it is unclear the extent to which current AI technology allows for this tacit coordination, a 2018 University of Bologna study found that if two competitors both employ pricing algorithms, and each gives its software total autonomy to set prices, those two algorithms would reach collusive, price-fixing arrangements more often than not.” [1] https://www.russellmcveagh.com/insights/march-2019/ai-and-price-fixing-collusion-by-machines https://www.russellmcveagh.com/insights/march-2019/ai-and-pr... [2] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3209781 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3209781