For anyone who sees the title and thinks "what's wrong with using algorithms to price things?" - The problem is not inherently the use of algorithms. The proble

For anyone who sees the title and thinks "what's wrong with using algorithms to price things?" - The problem is not inherently the use of algorithms. The problem is that it's a disguised collusion between market players. Matt Stoller runs a great blogsite/newsletter focusing on anti-trust issues like this. Here are a few more articles for the interested: - https://www.thebignewsletter.com/p/the-price-fixing-economy https://www.thebignewsletter.com/p/the-price-fixing-economy - https://www.thebignewsletter.com/p/the-banality-of-price-fixing https://www.thebignewsletter.com/p/the-banality-of-price-fix... - https://www.theguardian.com/commentisfree/article/2024/may/23/corporations-price-gouging-big-oil https://www.theguardian.com/commentisfree/article/2024/may/2...