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Coordinated Anticompetitive Practices Based on Algorithms

Author

Listed:
  • Frédéric Marty

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

  • Thierry Warin

    (HEC Montréal - HEC Montréal)

Abstract

Algorithmic collusion refers to the practice of firms using automated algorithms, often powered by artificial intelligence, to coordinate their market behaviors and maintain a collusive equilibrium. This collusion can be tacit, occurring without explicit communication or agreement, and can be facilitated by the algorithms' ability to rapidly analyze and respond to market conditions and competitor behaviors.

Suggested Citation

  • Frédéric Marty & Thierry Warin, 2023. "Coordinated Anticompetitive Practices Based on Algorithms," Post-Print halshs-04209318, HAL.
  • Handle: RePEc:hal:journl:halshs-04209318
    DOI: 10.1007/978-1-4614-7883-6_818-1
    as

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