The algorithm driven conduct of platform operators, as the expert handlers of big data, is starting to challenge the way in which competition law needs to be enforced. Businesses, especially platform operators, acquire data and particularly pricing information from other businesses in real-time....

We analyze the pricing behavior of firms when explicit partial cartels have formed in experimental markets through communication. Using a repeated, asymmetric capacity constraint price game, we show that, in line with theory, a partial cartel is sufficient to increase market prices for all...

Algorithmic competition has arrived. With it has come the specter of algorithmic collusion – rapid detection of co-conspirators’ defection via technologically enhanced price monitoring and setting capability can encourage anticompetitive collusion. Strikingly, the ability to track...