HORIZONTAL COLLUSION. “When bots collude. Uber’s algorithm can lead to horizontal collusion if the algorithm gives rise to an “alternative universe” that pushes up prices based on the perceived market value of a ride, rather than its actual market value. A human need not be involved.”
https://lnkd.in/dNpdkZa
linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022