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Tag: cartel

How Pricing Bots Could Form Cartels and Make Things More Expensive | Harvard Business Review

How Pricing Bots Could Form Cartels and Make Things More Expensive | Harvard Business Review

How competitive is our market economy? Not as much as it ought to be. And the growth of big data threatens to make things even worse. Antitrust regulators already struggle to keep markets competitive. How will they fare in a world where intelligent pricing algorithms subtly collude with one another? Before we get to how pricing algorithms might collude, […]

Predatory Pricing Doesn’t Work But We Still Don’t Like Cartels | Forbes

Predatory Pricing Doesn’t Work But We Still Don’t Like Cartels | Forbes

There’s an interesting little rumpus over in Australia over some remarks made about the iron ore business. The suggestion seems to be that there should be something akin to a cartel agreement among the Australian iron ore mines (something that Oz law would actually allow, as all is exported) to deal with the current fall […]

Pricing News Daily > 7/21/14

Pricing News Daily > 7/21/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the […]

German sausage makers hit by €338m fine | CNBC

German sausage makers hit by €338m fine | CNBC

What’s the wurst that could happen? German sausage makers who colluded to fix prices of what is probably the country’s best-known cuisine now have the answer: a €338m ($460 million) fine. According to the Federal Cartel Authority, some of Germany’s most successful sausage producers have been colluding for decades to fix prices of sausages and […]