The original version of this story appeared in Quanta Magazine. Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price.
The next step is sending that list onto an order processing algorithm that goes out and buys or sells the stocks that have been selected. The code may seem hard to follow, but it’s one of the oldest ...
After several years of increased antitrust scrutiny involving pricing algorithms (and hundreds of presentations at antitrust conferences around the globe), the people who matter are finally starting ...
Both the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division have focused their sights on big technology companies. Understanding the precedents set by these suits is ...
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