A PYMNTS Company

Antitrust Chronicle® – The Algorithms Have Landed!

BY | May 15, 2017

Algorithms seem to be on the tips of many antitrust regulators’ tongues these days… • In 2015, William Baer, then principal deputy associate attorney general at the Department of Justice,…

Algorithms seem to be on the tips of many antitrust regulators’ tongues these days…

• In 2015, William Baer, then principal deputy associate attorney general at the Department of Justice, stated that “[w]e will not tolerate anti-competitive conduct, whether it occurs in a smoke-filled room or over the internet using complex pricing algorithms.”

• At a conference in February, CMA Chairman, David Currie stated that regulators need to “ensure that the rise of algorithms works to enhan

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 44.212.99.208

Please verify email or join us to access premium content!