3 ms·
This reminds me a lot of the Airline Tariff Publishing Company case in the 90s. Airlines used an industry marketplace to price fix and were successfully enjoine
by sklargh 3y ago
This reminds me a lot of the Airline Tariff Publishing Company case in the 90s. Airlines used an industry marketplace to price fix and were successfully enjoined from doing so. I would not be surprised if in many industries similar behavior hides behind an algorithmic veneer.
Judgement here: https://www.justice.gov/atr/final-judgment-us-v-airline-tariff-publishing-company-et-al https://www.justice.gov/atr/final-judgment-us-v-airline-tari...
- alephnerd 3y ago> would not be surprised if in many industries similar behavior hides behind an algorithmic veneer. This is the Billion Dollar Question about the Realpage suit, and why I kind of dislike Lina Khan. She could have directly attacked this question which is much more fundamental, instead of the business incorporation question she described in her seminal Amazon paper. Algorithmic price-fixing is a much more fundamental question than bigtech populism with extra steps. It would also give the hammer needed to hold companies like Amazon or Google accountable if they were anticompetitive.
- enjo 3y agoShe could but courts aren’t going to hear it. They almost always make decisions on the narrowest criteria and this case (and others like it) are about old fashioned collusion. The fact that participation in Real Page requires you to use their pricing is the thing that will decide this case. The algorithm won’t really be at issue at all.