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Is _implicit_ collision illegal? I’m thinking in the game theory sense when there are two companies who look at the decision space of increasing, leaving the sa
by klysm 4y ago
Is _implicit_ collision illegal? I’m thinking in the game theory sense when there are two companies who look at the decision space of increasing, leaving the same, of decreasing prices. It seems pretty easy to reason about when there are two players and simultaneously likely that leaving the prices high would increase profit.
- dragonwriter 4y ago> Is _implicit_ collision illegal? Probably not. https://www.winston.com/en/competition-corner/antitrust-101-tacit-collusion.html https://www.winston.com/en/competition-corner/antitrust-101-...
- klysm 4y agoThanks for the link! I should’ve used “tacit collusion” instead of “implicit” in my previous comments
- klysm 4y agoThis brings up the topic of algorithmic tacit collusion which is something I hadn’t considered before but seems likely to occur
- inthepipe 4y agoIt has occurred. See Real Page, which is currently being sued by the government.