4 ms·
I would politely recommend reading the article, if you would like to comment on it. > As former FTC chairwoman Maureen K. Ohlhausen put it, as quoted in ProPub
by vabavhasb 4y ago
I would politely recommend reading the article, if you would like to comment on it.
> As former FTC chairwoman Maureen K. Ohlhausen put it, as quoted in ProPublica:
"Is it OK for a guy named Bob to collect confidential price strategy information from all the participants in a market and then tell everybody how they should price?' [Ohlhausen] said. 'If it isn’t OK for a guy named Bob to do it, then it probably isn’t OK for an algorithm to do it either."
- WalterBright 4y agoAdvising people to do something is not collusion unless they take that advice.
- hinkley 4y agoAs best I understand, for some charges you only have to think out loud about something hard enough to get charged for a lesser charge of Conspiracy. If you do a thing and I planned it, we could get charged with a whole host of things. If I send you to buy a gun to commit the crime and oops that was an undercover cop, then a few warrants later we could be in a lot of trouble just for intent and opportunity.
- WalterBright 4y agoCollusion isn't a criminal offense.
- vabavhasb 4y agoA quick sanity check of that statement using Google pulls this from the FTC's website: > Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels. Collusion doesn't stop being collusion just because one introduces a middleman.
- WalterBright 4y agoSounds way overbroad to me.