3 ms·
> personally decide to use some mechanism to assist me in reaching a price for my product, that is fine If that mechanism is a non-competitive price fixing alg
by janalsncm 2y ago
> personally decide to use some mechanism to assist me in reaching a price for my product, that is fine
If that mechanism is a non-competitive price fixing algorithm with access to non-public information then no, it is not fine.
Real Page also created work groups to facilitate collusion between apartment managers.
- pjkundert 2y ago"price fixing algorithm"? Wow, that's quite a feat! An algorithm that convinces all individual property owners to collude to set a price? So persuasive, it is, that there are no property owners making things available at differing prices? "access to non-public information"? What, like the market price of your own personal property, and that the algorithm proposes that you should rent it for a price that yields at least the payment of a mortgage on the property! Magic!! Sorcery, I say! This line of reasoning is amazing.