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there is concern about tacit collusion if all the airlines start using the same pricing algorithms based on the same historical data. it doesn't even take a ver
by currymj 2y ago
there is concern about tacit collusion if all the airlines start using the same pricing algorithms based on the same historical data. it doesn't even take a very smart pricing strategy for them to naturally learn to collude with each other.
However I would guess you will never have an email from an airline CEO that says "I really like this product...That's classic price fixing"