Tag: collusion

By Admin 2019/01/09 0 Comments Read More →

Tacit Collusion of Pricing Strategy Game between Regional Ports: The Case of Yangtze River Economic Belt | MDPI

Abstract: We develop a game model to analyze the tacit collusion between regional ports under three different scenarios. In the first scenario, there is simultaneous pricing game between regional ports; this intends to depict pricing strategy adopted independently. In the second, we consider two competing ports that make sequential pricing decisions. Thirdly, an infinitely repeated […]

Posted in: Recent News and Blogs Tags: collusion, Pricing Backlash, Pricing Model, Pricing Policies, Pricing Strategy

By Admin 2018/11/22 0 Comments Read More →

Are budget airlines really charging families to sit with their own children? | NewStatesmanAmerica

Are algorithms trying to steal our children? That’s the question at the heart of the latest airline ticket pricing scandal. Are budget airlines trying to squeeze more money out of families by deliberately allocating them seats in separate parts of the plane, then forcing them to pay a fee so that children can be seated […]

By Admin 2018/11/05 0 Comments Read More →

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing | The National Law Review

On 8 October 2018, the UK Competition and Markets Authority (“CMA”) published a Working Paper on the ‘use of pricing algorithms to facilitate collusion and personalized pricing’ (the “Paper”). It follows a number of other initiatives from competition authorities regarding algorithms, including the recent German Monopolies Commission’s proposals regarding pricing algorithms, which was the subject […]

By Admin 2018/07/19 0 Comments Read More →

Grocers must be mindful of price-setting software | The Grocer

The use of price optimisation software, often relied on by online retailers to make sure their prices are not being undercut by competitors, is coming under more scrutiny than ever. In a report released this month, an independent panel that advises the German government on competition law and policy-making called for stricter surveillance of online […]

Posted in: Recent News and Blogs, Top Headlines Tags: Behavioral Psychology, collusion, Ecommece, Price Optimization, Price Transparency, Pricing Analytics, Pricing Psychology, Pricing Research, Pricing Science, Pricing Strategy, Pricing Technology, Retail

By Admin 2017/08/02 0 Comments Read More →

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers team up in gangs to force higher prices before they pick up passengers, research has revealed. Researchers at the University of Warwick found Uber drivers in London and New York have been tricking the app into thinking there is a shortage of cars in order to raise surge prices. According to the study. drivers manipulate Uber’s algorithm […]

Posted in: News - Featured, Recent News and Blogs, Top Headlines Tags: collusion, deceptive pricing, Dynamic Pricing, Predatory Pricing, Price Discrepancies, Price Discrimination, Price Setting, Price War, Pricing Backlash, Surge Pricing, taxi pricing, Uber

By Admin 2017/08/02 0 Comments Read More →

Uber drivers work together to create price surge and charge customers more, researchers find | The Independent

Uber drivers are deliberately going offline in unison so that prices surge and they can charge customers more when they log back into the app, according to new research. Uber’s so-called dynamic pricing model means that it responds to supply and demand, increasing the cost of a trip at busy times such as when bars […]

Posted in: Recent News and Blogs, Top Headlines Tags: collusion, deceptive pricing, Dynamic Pricing, Predatory Pricing, Price Discrepancies, Price Discrimination, Price Setting, Price War, Pricing Backlash, Surge Pricing, taxi pricing, Uber

By Admin 2017/05/09 0 Comments Read More →

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim’s Pride Corp (PPC.O) said on Monday that Florida’s attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal review into chicken pricing. Florida Attorney General Pam Bondi’s office has opened an investigation into allegations made in civil lawsuits, filed […]

Posted in: Recent News and Blogs Tags: antitrust, collusion, commodity pricing, Lawsuit, Price Fixing, Price Gouging, Price Increases, Pricing Backlash, Tyson

By Admin 2017/02/06 0 Comments Read More →

Tyson says SEC is investigating chicken-pricing allegations | Chicago Tribune

Accusations of collusion that have dogged the American chicken industry in recent months took a new turn after Tyson Foods, the country’s largest producer, said the U.S. Securities and Exchange Commission is investigating the allegations and sent it a subpoena. The company said Monday in a filing that based upon the limited information it has, […]

Posted in: News - Featured, Recent News and Blogs, Top Headlines Tags: antitrust, collusion, commodity pricing, Lawsuit, Price Fixing, Price Gouging, Price Increases, Pricing Backlash, Tyson

By Admin 2017/02/05 0 Comments Read More →

Competition is the best way to fuel growth and end tacit collusion | Herald Sun

DO you know which day of the week is cheapest to buy groceries? Or which day is cheapest to buy whitegoods, cars and appliances? Spoiler alert: there isn’t one! So why is there a cheap day to buy petrol? If hundreds of petrol stations really are engaged in dog-eat-dog competition, why do they all raise […]

Posted in: Recent News and Blogs, Top Headlines Tags: collusion, Competitor's Pricing, Dynamic Pricing, food pricing, Fuel Pricing, Gasoline Prices, Grocery Pricing, Price Changes, Product Pricing Strategy, Retail

By Admin 2017/01/08 0 Comments Read More →

Policing the digital cartels | Financial Times

President Barack Obama and leading Democrats such as Senator Elizabeth Warren have expressed concerns about a broader decline in competition in the US economy. Last April, Mr Obama’s Council of Economic Advisors released a report that found growing market share concentration in industries such as transportation, retail trade and insurance, which it blamed for slowing […]